Treasury Laws Amendment (2018 Measures No. 5) Act 2019 (15 of 2019)

Schedule 1   AMIT technical amendments

Taxation Administration Act 1953

21   After section 12-150 in Schedule 1

Insert:

12-152 Limited application of section 12-140 to payment covered by section 12A-205

(1) If a payment is treated under section 12A-205 as having been made, section 12-140 does not apply to the payment to the extent that it covers a *pre-AMMA actual payment from which section 12-140 has required an amount to be withheld.

(2) If a payment is a *post-AMMA actual payment, section 12-140 does not apply to the payment to the extent that it covers either or both of the following:

(a) a *pre-AMMA actual payment from which section 12-140 has required an amount to be withheld;

(b) a payment that is treated under section 12A-205 as having been made from which section 12-140 has required an amount to be withheld.