Tax and Superannuation Laws Amendment (2015 Measures No. 2) Act 2015 (130 of 2015)

Schedule 4   Company losses

Part 3   Shares held by certain entities

Income Tax Assessment Act 1997

57   Application of amendments

The amendment made by item 56 applies in relation to:

(a) deducting a tax loss in the 2011-12 income year or a later income year; or

(b) applying a net capital loss in the 2011-12 income year or a later income year; or

(c) a deduction in respect of a bad debt claimed in the 2011-12 income year or a later income year; or

(d) determining whether any changeover time or alteration time occurred during the 2011-12 income year or a later income year.