Supplementary Explanatory Memorandum
(Circulated by the authority of the Treasurer, the Hon. P.J. Keating M.P.)Commencement Date
Clause 83: Application of amendments
The twelfth amendment proposes the replacement of subclause 83(13) of the Bill. This subclause provides that new Division 6A of Part IIIAA (Transfer of Shareholder Status for Tax Purposes) is to come into effect seven days after the Bill receives Royal Assent. The effect of new subclause 83(13) is that the commencement of the new Division will be deferred until the later of 1 August 1991 or the first day of the month after the Bill receives Royal Assent. [New subclause 83(13)]
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).
