A New Tax System (Tax Administration) Act 1999 (179 of 1999)
Schedule 2 Collection and recovery rules
Part 2 Consequential amendment of Acts
Income Tax Assessment Act 1936
28 At the end of section 215
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Application
(7) This section (including the extended operation that this section has because of any other provision of this Act) does not apply in relation to:
(a) a person who, on or after 1 July 2000, becomes the liquidator of a company; or
(b) a person who, on or after 1 July 2000, takes possession of assets of a company as a receiver for any debenture holders of the company; or
(c) an agent who, on or after 1 July 2000, is instructed to wind up the principal's business or realise the principal's assets.
Example: Subsection 163A(8) provides for an extended operation of this section in respect of a penalty under section 163A. However, despite that extended operation, this section does not apply in relation to a person mentioned in a paragraph of subsection (7).
Note: For provisions about collection and recovery of tax and other amounts on or after 1 July 2000 (including provisions about liquidators, receivers and agents), see Part 4-15 in Schedule 1 to the Taxation Administration Act 1953.
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