Income Tax (Transitional Provisions) Act 1997

CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION  

PART 2-5 - RULES ABOUT DEDUCTIBILITY OF PARTICULAR KINDS OF AMOUNTS  

Division 35 - Deferral of losses from non-commercial business activities  

SECTION 35-20  

35-20   Application of Commisioner's decisions  

A decision of the Commissioner made under section 35-55 of the Income Tax Assessment Act 1997 :

(a) before the commencement of Schedule 2 to the Tax Laws Amendment (2009 Budget Measures No 2) Act 2009 ; and

(b) for one or more income years;

continues to have effect, after that commencement, for those income years despite the amendments made by that Schedule.