Minerals Resource Rent Tax (Consequential Amendments and Transitional Provisions) Act 2012 (14 of 2012)

Schedule 2   Amendments related to assessments

Part 2   Alternative amendments

Income Tax Assessment Act 1997

12   Subsection 995-1(1) (definition of assessment )

Repeal the definition (not including the note), substitute:

assessment :

(a) of an *assessable amount, means an ascertainment of the assessable amount; and

(b) of a *tax-related liability not covered by paragraph (a), has the meaning given by a *taxation law that provides for the assessment of the amount of the liability.