Section 40A threshold change alters disallowance rules by raising cash-payment limit and removing two related subsections. Amendment modifies the cash-payment disallowance regime in section 40A by increasing the monetary threshold used in subsection (3) and by deleting subsections (5) and (6), thereby narrowing the range of payments subject to automatic disallowance and removing supplemental provisions that governed exceptions and application rules for disallowance.
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Section 40A threshold change alters disallowance rules by raising cash-payment limit and removing two related subsections.
Amendment modifies the cash-payment disallowance regime in section 40A by increasing the monetary threshold used in subsection (3) and by deleting subsections (5) and (6), thereby narrowing the range of payments subject to automatic disallowance and removing supplemental provisions that governed exceptions and application rules for disallowance.
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