Treasury Laws Amendment (2021 Measures No. 2) Act 2021 (110 of 2021)

Schedule 2   Offshore banking units

Part 2   Ministerial declarations and determinations

Income Tax Assessment Act 1936

15   After subsection 128GB(1)

Insert:

(1A) However, this section does not apply to:

(a) interest paid on or after 1 January 2024; and

(b) interest consisting of gold paid on or after 1 January 2024.