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

Schedule 6   Shorter period of review (SPOR) taxpayers

Part 1   Income Tax Assessment Act 1936

16   Paragraph 14ZAN(f)

Repeal the paragraph, substitute:

(f) where the rulee is not a SPOR taxpayer for the year of income to which the application relates - the application is made later than 4 years after the last day allowed to the rulee for lodging a return in relation to the rulee's income for that year of income; or

(fa) where the rulee is a SPOR taxpayer for the year of income to which the application relates - the application is made later than the end of 2 years after the last day allowed to the rulee for lodging a return in relation to the rulee's income for that year of income; or