Tax Laws Amendment (2009 Measures No. 2) Act 2009 (42 of 2009)

Schedule 4   National Urban Water and Desalination Plan

Part 2   Sunsetting on 1 July 2014

Income Tax Assessment Act 1997

19   Transitional - revoking certificates

Revoking certificates

(1) Subject to subitem (3) and despite the repeal of section 402-770 of the Income Tax Assessment Act 1997 by this Part, that section continues to apply, after the commencement of this Part, to a certificate issued under former section 402-760 of that Act until the end of the period of 10 years starting on the day the certificate was issued.

(2) For the purposes of subitem (1), a reference in section 402-770 of the Income Tax Assessment Act 1997 to guidelines made under section 402-780 of that Act is taken, from the commencement of this Part, to be a reference to those guidelines as in force immediately before that commencement.

(3) Despite the repeal of subsection 402-770(6) of the Income Tax Assessment Act 1997 by this Part, that subsection continues to apply, after the commencement of this Part, in relation to the revocation of a certificate occurring before or after that commencement.

AAT review

(4) Despite the repeal of section 402-775 of the Income Tax Assessment Act 1997 by this Part, that section continues to apply, after the commencement of this Part, in relation to a decision to revoke a certificate made before or after that commencement.