Tax and Superannuation Laws Amendment (2015 Measures No. 1) Act 2015 (70 of 2015)

Schedule 1   First Home Saver Accounts

Part 4   Application and transitional provisions

Division 2   General provisions

200   Saving of provisions about FHSA misuse tax, general interest charge and interest

If:

(a) a provision or part of a provision that is repealed or amended by this Schedule provides for the payment of:

(i) FHSA misuse tax (within the meaning of the Income Tax Assessment Act 1997, as in force just before the commencement of this item); or

(ii) general interest charge (within the meaning of the Taxation Administration Act 1953); or

(iii) interest under the Taxation (Interest on Overpayments and Early Payments) Act 1983; and

(b) in a particular case, the period in respect of which the tax, charge or interest is payable (whether under the provision or under the Taxation Administration Act 1953) has not begun, or has begun but not ended, when the provision is repealed or amended;

then, despite the repeal or amendment, the provision or part continues to apply in the particular case until the end of the period.