Tax Laws Amendment (2004 Measures No. 2) Act 2004 (83 of 2004)

Schedule 10   Franked distributions received through certain partnerships and trustees

Part 5   Application and transitional provisions

43   Application provisions

 

(1) The amendments made by items 1 and 2 of this Schedule apply in relation to an exempt institution whose exempt status is disregarded under section 160ARDAB of the Income Tax Assessment Act 1936 on or after 1 July 2000.

      

(2) Subject to the rules on the application of Part 3-6 of the Income Tax Assessment Act 1997 set out in the Income Tax (Transitional Provisions) Act 1997, the amendments made by the following items of this Schedule apply to events that occur on or after 1 July 2002:

(a) items 3 to 23;

(b) item 29;

(c) item 41.

      

(3) The amendments made by items 24 to 28 of this Schedule apply to assessments for the 2003-04 income year and later income years.

      

(4) Subject to the rules on the application of Part 3-6 of the Income Tax Assessment Act 1997 set out in the Income Tax (Transitional Provisions) Act 1997, the amendments made by the following items of this Schedule apply in relation to things happening on or after 1 April 2003:

(a) items 30 to 40;

(b) item 42.