Income Tax (Transitional Provisions) Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-30 - SUPERANNUATION  

Division 301 - Superannuation member benefits paid from complying plans etc  

SECTION 301-95  

301-95   Amendment of assessments to give effect to Subdivision 301-F of the Income Tax Assessment Act 1997 etc.  

Section 170 of the Income Tax Assessment Act 1936 does not prevent the amendment of an assessment for the purposes of giving effect to the following in respect of an income year that starts on or before 1 July 2021:

(a)    Subdivision 301-F of the Income Tax Assessment Act 1997 ;

(b)    the amendments of the Income Tax Assessment (1997 Act) Regulations 2021 made by Schedule 9 to the Treasury Laws Amendment (2022 Measures No. 4) Act 2023 .

Note:

Section 170 of the Income Tax Assessment Act 1936 specifies the periods within which assessments may be amended.