Treasury Laws Amendment (Enterprise Tax Plan) Act 2017 (41 of 2017)

Schedule 3   Access to small business concessions, etc.

Part 2   Application of amendments

22   Application of amendments

(1) Subject to the following subitems, the amendments made by Part 1 of this Schedule apply to the 2016-17 income year and later income years.

(2) The following apply to CGT events happening on or after the start of the 2016-17 income year:

(a) the amendments made by items 1 to 13 of this Schedule;

(b) any other amendments made by this Schedule, to the extent that they relate to the amendments mentioned in paragraph (a).

(3) The amendments made by items 15 to 18 of this Schedule, to the extent that they relate to the operation of the Fringe Benefits Tax Assessment Act 1986, apply to the FBT year starting on 1 April 2017 and to later FBT years.