Taxation Laws Amendment Act (No. 2) 1993 (18 of 1993)

Schedule   AMENDMENTS OF ACTS

Income Tax Assessment Act 1936

After subsection   170AA (7)

Insert:

"(7A) If Division 1C of Part VI applies to the taxpayer for a year of income and, on the basis of the taxpayer's return, the taxable income was nil or no tax was payable on the taxable income, the following provisions apply for the purposes of subsection (6):

(a) the Commissioner is taken to have served a notice of the kind specified in paragraph (6) (a); and

(b) the reference in paragraph (6) (c) to the end of 30 days after the date of service of the notice is to be read as a reference to the due date that applies under section 221AZT.".