A New Tax System (Pay As You Go) Act 1999 (178 of 1999)

Schedule 1   Pay as you go (PAYG) system of collecting income tax and other liabilities

Part 2   Consequential amendment of Acts

Income Tax Assessment Act 1936

27   At the end of subsection 221YB(2)

Add:

Note: For the 2000-01 income year you may be liable to pay PAYG instalments: see Division 45 in Schedule 1 to the Taxation Administration Act 1953.