Taxation Laws Amendment (Foreign Income Measures) Act 1997 (155 of 1997)

Schedule 1   Foreign source income

Part 5   Application and transitional

128   Transitional - Vietnam and the Czech Republic

 

(1) For the purposes of this item, the transitional period is the period:

(a) beginning on 24 December 1996; and

(b) ending at the end of 30 June 1997.

      

(2) For the purposes of sections 47A, 458 and 459 of the Income Tax Assessment Act 1936, Vietnam and the Czech Republic are taken to have been listed countries throughout the transitional period.

      

(3) For the purposes of sections 23AH, 23AJ and 380 of the Income Tax Assessment Act 1936, the Czech Republic is taken to have been a listed country throughout the transitional period.

      

(4) Section 170 of the Income Tax Assessment Act 1936 does not prevent the amendment of an assessment for the purposes of giving effect to this item.