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

45   At the end of section 259

Add:

Application

(3) This section does not apply in relation to:

(a) a liability for tax that arises on or after 1 July 2000; or

(b) any other amount of liability that arises on or after that day, and that is taken to be tax for the purposes of this section because of any other provision of this Act.

Example: Subsection 163A(8) provides that in section 259 tax includes a penalty under section 163A. This section therefore does not apply in relation to such a penalty that arises on or after 1 July 2000.

Note: For provisions about collection and recovery of tax and other amounts on or after 1 July 2000 (including provisions about contribution from joint-taxpayers), see Part 4-15 in Schedule 1 to the Taxation Administration Act 1953.