Commonwealth Numbered Acts

TAXATION LAWS AMENDMENT ACT (No. 5) 1990 No. 135 of 1990 - SECT 32

32. (1) In this section:

"amended Act" means the Principal Act as amended by this Act.

(2) In spite of anything in Division 3 of Part VI of the amended Act, where
both of the following conditions are satisfied in relation to an estimate
furnished by a taxpayer under section 221YDA of the amended Act:

   (a)  the estimate relates to the year of income commencing on 1 July 1990;

   (b)  the estimate was furnished before the day on which the Taxation Laws 
        Amendment (Rates and Provisional Tax) Act 1990 received the Royal
        Assent; subparagraphs 221YDB (1) (a) (i) and (1AA) (b) (i) of the
        amended Act do not apply in relation to that estimate.

(3) In spite of anything in Division 3 of Part VI of the amended Act, where
both of the following conditions are satisfied in relation to an estimate
furnished by a taxpayer under section 221YDA of the amended Act:

   (a)  the estimate relates to the year of income commencing on 1 July 1990;

   (b)  the estimate was furnished before 9 November 1990; subsections 221YDB
        (1AAA) and (1ABA) of the amended Act do not apply in relation to that
        estimate.