Taxation Laws Amendment Act (No. 6) 2001 (169 of 2001)

Schedule 6   Personal services income

Part 5   Application

19   Application

 

(1) The amendments made by this Schedule (other than items 4A, 4B, 16C to 16J, 16L, 18 and 18A) apply, and are taken to have applied, to assessments for the 2000-2001 income year and later income years.

      

(2) However, a declaration made under subitem 26(2) of Schedule 1 to the New Business Tax System (Alienation of Personal Services Income) Act 2000 has effect, and is taken to have had effect, in relation to the amendments made by this Schedule in the same way that it has, and had, effect in relation to the amendments made by Part 1 of that Schedule.

      

(2A) The amendments made by items 4A, 4B, 4C and 16M apply to assessments for the 2002-2003 income year and later income years.

      

(2B) The amendments made by items 16C to 16K apply on and after the day on which this Act receives the Royal Assent.

      

(3) Item 18 applies, and is taken to have applied, to an amount received, or a non-cash benefit provided, on or after 1 July 2000.

      

(4) Item 18A applies to an amount received, or a non-cash benefit provided, on or after 1 July 2002.