Tax Laws Amendment (2009 Budget Measures No. 1) Act 2009 (62 of 2009)

Schedule 1   Exemption of income derived from foreign service

Income Tax Assessment Act 1936

2   Application

(1) The amendment made by this Schedule applies to foreign earnings derived on or after 1 July 2009 from foreign service performed on or after 1 July 2009.

(2) Subitem (3) applies to:

(a) foreign earnings derived before 1 July 2009 from foreign service performed before, on or after 1 July 2009; and

(b) foreign earnings derived on or after 1 July 2009 from foreign service performed before 1 July 2009.

(3) Disregard the amendment made by this Schedule in determining whether the foreign earnings are exempt from tax under subsection 23AG(1) of theIncome Tax Assessment Act 1936.