Taxation Laws Amendment Act (No. 1) 1999 (16 of 1999)

Schedule 5   Payments of tax by small companies

Income Tax Assessment Act 1936

16   Application

(1) The amendments made by items 2, 3, 4 and 6 have the same application as they would have had if they had been included in Division 1C of Part VI of the Income Tax Assessment Act 1936 as originally inserted by section 54 of the Taxation Laws Amendment Act (No. 2) 1993.

(2) The amendments made by the remaining items of this Schedule apply for the 1996-97 year of income and all later years of income.


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