Taxation Laws Amendment (Self Assessment) Act 1992 (101 of 1992)

SCHEDULE 2   AMENDMENTS OF THE INCOME TAX ASSESSMENT ACT 1936 RELATING TO NOTICES AND REQUESTS

*   Subsection 124AB(5)

Omit the subsection, substitute:

"(5) An agreement under this section must be:

(a) in writing signed by or on behalf of each party to the agreement; and

(b) made not later than 2 months after the end of the year of income of the purchaser in which the transaction occurred, or within such further time as the Commissioner allows.".