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Governor-General Legislation Amendment Bill 2001
Schedule 2 Amendment of taxation legislation

   

Income Tax Assessment Act 1936

1  Subparagraph 97(3)(c)(i)

Omit “, 51-15”.

2  Subsection 102AAE(2)

Omit “, 51-15”.

Income Tax Assessment Act 1997

3  Section 51-15

Repeal the section.

4  Application

(1)        The repeal and amendments made by this Schedule apply in relation to income derived on or after 29 June 2001 (the commencing day ).

(2)        However, the repeal and amendments do not apply in relation to income derived on or after the commencing day by a State Governor who held that office immediately before the commencing day.

 

 

[ Minister’s second reading speech made in—

House of Representatives on 6 June 2001

Senate on 20 June 2001 ]

 

 

(108/01)