Loans (Co-operative Companies) Bill 2004


Bill No.338

SynopsisThe purpose of this Bill is to establish a scheme enabling loans to be made by the Government to eligible Western Australian Co-operative Companies. Eligible companies meet requirements set out in section 120(1)(c) of the Commonwealth Income Tax Assessment Act 1936. The effect for eligible co-operative companies is that if they borrow money from a government of the Commonwealth or a State, then the company may claim the capital repayments of the loan as an Income Tax deduction.

StatusAssented to 12/08/2004
This Act came into operation on Royal Assent - Royal Assent given 8 Dec 2004 as Act No. 81 of 2004

Current Bill

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Progress

Legislative Assembly DateNote No.Related Documents
Introduced 10/20/2004  
First Reading 10/20/2004  
Second Reading 10/20/2004  
Second Reading Speech   
Second Reading Agreed 11/09/2004  
Third Reading 11/09/2004  


Legislative Council DateNote No.Related Documents
First Reading 11/10/2004  
Second Reading 11/10/2004  
Second Reading Speech   
Second Reading Agreed 12/01/2004  
Third Reading 12/01/2004