Subdiv 960-T inserted by No 2 of 2015.

S 960-505(1) amended by No 53 of 2015, s 3 and Sch 1 items 16 and 17, by substituting " Note " for " Note 1 " and repealing note 2, applicable in relation to the 2016-17 income year and later income years. Note 2 formerly read:

Note 2:

Division 1A of Part III of the Income Tax Assessment Act 1936 provides special rules in relation to residents of Norfolk Island.

S 960-505(2) substituted by No 59 of 2019, s 3 and Sch 2 item 16, effective 30 August 2019. S 960-505(2) formerly read:

960-505(2)
Australia , when used in a geographical sense, includes each of the following areas:

(a) an offshore area for the purpose of the Offshore Petroleum and Greenhouse Gas Storage Act 2006 ;

(b) the Joint Petroleum Development Area (within the meaning of the Petroleum (Timor Sea Treaty) Act 2003 ).

Note 1:

The offshore area and the Joint Petroleum Development Area include all things located in those areas, including all installations and structures such as oil and gas rigs. The areas also extend to the airspace over, and the sea-bed and subsoil beneath, those areas.

Note 2:

The offshore area and the Joint Petroleum Development Area include the exclusive economic zone and the continental shelf of Australia.

S 960-505 inserted by No 2 of 2015, s 3 and Sch 4 item 6, applicable to an income year, a year of income or a tax period that commences on or after 1 July 2015.