Commonwealth Numbered Acts

Income Tax Assessment Amendment Act (No. 3) 1984 No. 47 of 1984 - SECT 60

60. (1) The amendment made by section 6 applies to payments made after 17
August 1982.

(2) Section 23FA of the Principal Act as amended by this Act applies to
assessments in respect of income of the year of income that commenced on 1
July 1983 and of all subsequent years of income.

(3) Section 23FB of the Principal Act as amended by this Act applies to
assessments in respect of income of the year of income commencing on 1 July
1984 and of all subsequent years of income.

(4) The amendments made by section 7, paragraph 14 (b), sections 28, 29 (other
than paragraph (c)), 30, 31, 32, 33, 34, 35, 36, 37, 38, 43, paragraph 44 (a),
paragraph 44 (b) (insofar as it relates to section 121DAA of the Principal Act
as amended by this Act), section 45 (insofar as it relates to section 121DAA
of the Principal Act as amended by this Act), section 46 (insofar as it
relates to section 23FA of the Principal Act as amended by this Act), section
49 (insofar as it relates to section 23FA of the Principal Act as amended by
this Act) and section 51 apply to assessments in respect of income of the year
of income that commenced on 1 July 1983 and of all subsequent years of income.

(5) Section 121DAA of the Principal Act as amended by this Act applies to
assessments in respect of income of the year of income that commenced on 1
July 1983 and of all subsequent years of income.

(6) Section 121DAB of the Principal Act as amended by this Act applies to
assessments in respect of income of the year of income commencing on 1 July
1984 and of all subsequent years of income.

(7) The amendments made by paragraph 3 (b), section 4, paragraphs 14 (a), (c),
(d) and (f), sections 23 and 24, paragraphs 26 (b) and 29 (c), sections  39 ,
40 and 41, paragraph 44 (b) (insofar as it relates to section 121DAB of the
Principal Act as amended by this Act), section 46 (insofar as it relates to
section 23FB of the Principal Act as amended by this Act), section 49 (insofar
as it relates to section 23FB of the Principal Act as amended by this Act),
and section 50 apply to assessments in respect of income of the year of income
commencing on 1 July 1984 and of all subsequent years of income.

(8) The amendments made by section 10, paragraph 11 (a) and section 17 (except
insofar as those amendments relate to the carrying on or carrying out of any
profit-making undertaking or scheme) apply to sales of property after 23
August 1983, whether the property was acquired before or after that date.

(9) The amendment made by paragraph 11 (b) applies to allowances, gratuities,
compensations, benefits, bonuses and premiums derived on or after 1 July 1983.

(10) The amendment made by section 12 applies to any annuity derived on or
after 1 July 1983.

(11) The amendment made by section 13 applies to benefits received on or after
1 July 1983.

(12) The amendments made by sections 9 and 27 apply to eligible termination
payments made on or after 1 July 1983.

(13) The amendment made by section 15, insofar as it relates to eligible
termination payments and annuities, applies to eligible termination payments
made, and annuities derived, on or after 1 July 1983.

(14) The amendment made by section 15, insofar as it relates to payments of a
supplement to an annuity (not being payments of an annuity), applies to
payments made after 30 May 1984.

(15) The amendments made by sections 18, 19 and 20 apply in relation to
expenditure incurred by a taxpayer after 18 April 1984.

(16) The amendment made by section 52 applies to assessments in respect of
income of the year of income in which 1 July 1983 occurred and of all
subsequent years of income.

(17) The amendments made by sections 54, 55 and 56 apply to eligible
termination payments made on or after 1 August 1984.