Indirect Tax Laws Amendment (Assessment) Act 2012 (39 of 2012)

Schedule 1   Assessment of amounts under indirect tax laws

Part 1   Amendments commencing on 1 July 2012

Division 3   Other amendments

Taxation Administration Act 1953

199   At the end of subsection 14ZYB(1)

Add:

Note 1: Subsection 155-30(2) provides for objections against the Commissioner’s failure to make an assessment of an assessable amount.

Note 2: Subsection 359-50(3) provides for objections against the Commissioner’s failure to make a private ruling.