Commonwealth Numbered Acts

TAXATION LAWS AMENDMENT ACT (No. 2) 1991No. 100, 1991 - SECT 64

64. Section 202EE of the Principal Act is amended:

   (a)  by omitting subsection (1) and substituting the following subsection:

"(1) For the purposes of this Part, where:

   (a)  a non-resident is an investor in relation to an investment to which
        this Part applies; and

   (b)  at a particular time, the investment body pays an amount to the
        non-resident by way of income derived from the investment; the
        non-resident is taken to have quoted the non-resident's tax file
        number in connection with the investment at that time if:

   (c)  the investment body is required to make a deduction under subsection
        221YL from the payment; or

   (d)  the investment body would have been required to make such a deduction
        but for the operation of paragraph 128B (3) (a), (b) or (ga) or
        subparagraph 128B (3) (h) (iii) or (iv).";

   (b)  by omitting paragraph (2) (a) and substituting the following
        paragraph:
  "(a)   a person who was a non-resident and an investor in relation to an
investment to which this Part applies becomes a resident of Australia at a
particular time; and".