Commonwealth Numbered Acts

TAX AND SUPERANNUATION LAWS AMENDMENT (2014 MEASURES NO. 6) ACT 2014 (NO. 133, 2014) - SECT 4

             (1)  Section 170 of the Income Tax Assessment Act 1936 does not prevent the amendment of an assessment if:

                     (a)  the assessment was made before the commencement of Schedule 1 (about roll-overs for business restructures) to this Act; and

                     (b)  the amendment is made for the purpose of giving effect to that Schedule; and

                     (c)  the amendment is made within 2 years after the day that Schedule commences.

             (2)  Section 170 of the Income Tax Assessment Act 1936 does not prevent the amendment of an assessment if:

                     (a)  the assessment was made before the commencement of Schedule 2 (about MIT withholding regime for foreign pension funds) to this Act; and

                     (b)  the amendment is made for the purpose of giving effect to that Schedule; and

                     (c)  the amendment is made within 2 years after the day that Schedule commences.