Clean Energy Legislation (Carbon Tax Repeal) Act 2014 (83 of 2014)

Schedule 1   Repeal of the carbon tax

Part 2   Amendments

Income Tax Assessment Act 1997

168   Subsection 420-20(3)

Repeal the subsection (not including the note), substitute:

(3) This section does not apply to the issue of an *Australian carbon credit unit under the Carbon Credits (Carbon Farming Initiative) Act 2011.