International Tax Agreements Act 1953
SECTION 4
INCORPORATION OF ASSESSMENT ACT
4(1)
Subject to subsection (2) , the Assessment Act is incorporated and shall be read as one with this Act.
4(2)
The provisions of this Act have effect notwithstanding anything inconsistent with those provisions contained in the Assessment Act (other than the provisions covered by subsection (3) ) or in an Act imposing Australian tax.
4(3)
This subsection covers the following provisions: (a) Part IVA of the Income Tax Assessment Act 1936 ; (b) Subdivision 195-C (Corporate collective investment vehicles) of the Income Tax Assessment Act 1997 .
Subject to subsection (2) , the Assessment Act is incorporated and shall be read as one with this Act.
Note:
An effect of this provision is that people who acquire information under this Act are subject to the confidentiality obligations and exceptions in Division 355 in Schedule 1 to the Taxation Administration Act 1953 .
View history note
Hide history note4(2)
The provisions of this Act have effect notwithstanding anything inconsistent with those provisions contained in the Assessment Act (other than the provisions covered by subsection (3) ) or in an Act imposing Australian tax.
4(3)
This subsection covers the following provisions: (a) Part IVA of the Income Tax Assessment Act 1936 ; (b) Subdivision 195-C (Corporate collective investment vehicles) of the Income Tax Assessment Act 1997 .
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