Tax Laws Amendment (2006 Measures No. 2) Act 2006 (58 of 2006)

Schedule 7   Technical corrections and improvements

Part 1   Amendments commencing on Royal Assent

Taxation Administration Act 1953

139   Transitional

 

(1) If, under section 16-45 in Schedule 1 to the Taxation Administration Act 1953 as in force immediately before the commencement of this item, the Commissioner has refused to any extent to remit to an entity an amount of penalty, the entity may, in the manner set out in Part IVC of that Act, object against the decision.

      

(2) The objection must be made before the end of 60 days after the day on which this Act receives the Royal Assent (the assent day ).

      

(3) An objection that was purported to have been made against such a refusal before the assent day has effect as if it had been made under this item on the assent day.