Treasury Laws Amendment (2020 Measures No. 3) Act 2020 (61 of 2020)

Schedule 5   Reduction in 2020-21 PAYG instalments

Part 1   Amendments

Taxation Administration Act 1953

2   Application

(1) The amendment made by item 1 of this Part applies for the purposes of working out the amount of an instalment for an instalment quarter starting on or after the start date.

(2) In this item:

start date means:

(a) unless paragraph (b) applies - 1 July 2020; or

(b) if the Treasury Laws Amendment (2020 Measures No. 3) Act 2020 receives the Royal Assent on or after 21 August 2020 - 1 October 2020.