New Business Tax System (Thin Capitalisation) Act 2001 (162 of 2001)

2   Commencement

 

(1) Subject to subsections (2) and (3), this Act is taken to have commenced on 1 July 2001, immediately after the commencement of the New Business Tax System (Debt and Equity) Act 2001.

      

(2) Items 17 and 19 of Schedule 1 are taken to have commenced on the later of:

(a) 1 July 2001, immediately after the commencement of the New Business Tax System (Debt and Equity) Act 2001; or

(b) the time when the Corporations Act 2001 commences.

      

(3) Item 18 of Schedule 1 is taken to have commenced on the later of:

(a) 1 July 2001, immediately after the commencement of the New Business Tax System (Debt and Equity) Act 2001; or

(b) the time when Part 2 of the Financial Sector (Collection of Data) Act 2001 commences.