New Business Tax System (Consolidation and Other Measures) Act 2003 (16 of 2003)

Schedule 15   Consolidation: general application provision

Income Tax (Transitional Provisions) Act 1997

1   Subsection 700-1(1)

Repeal the subsection, substitute:

(1) Part 3-90 of the Income Tax Assessment Act 1997, as inserted by the New Business Tax System (Consolidation) Act (No. 1) 2002 and amended by:

(a) the New Business Tax System (Consolidation, Value Shifting, Demergers and Other Measures) Act 2002; and

(b) the New Business Tax System (Consolidation and Other Measures) Act (No. 1) 2002; and

(c) the New Business Tax System (Consolidation and Other Measures) Act 2003;

applies on and after 1 July 2002.