A New Tax System (Tax Administration) Act 1999 (179 of 1999)

Schedule 11   PAYG withholding consequential amendments

Income Tax Assessment Act 1936

30   Subsection 128U(3)

Repeal the subsection, substitute:

(3) For the purposes of this Division, a mining payment is taken to include any amount that:

(a) has been, or purports to have been, deducted from the mining payment for the purposes of section 221ZB; or

(b) has been, or purports to have been, withheld from the mining payment for the purposes of section 12-320 in Schedule 1 to the Taxation Administration Act 1953.