Income Tax Assessment Amendment Regulations 2011 (No. 4) (80 of 2011)

Schedule 1   Amendment

[1]   After Division 83A

insert

Part 2A Specialist liability rules

Division 230 Taxation of financial arrangements

230-355.01 Recording requirements

For paragraph 230-355 (3) (b) of the Act, the record mentioned in paragraph 230-355 (1) (c) of the Act must be made or in place by the later of:

(a) the time, or soon after the time, the hedging financial arrangement is created, acquired or applied; and

(b) 30 June 2011.