Tax Laws Amendment (2004 Measures No. 6) Act 2005 (23 of 2005)

Schedule 2   Copyright collecting societies

Taxation Administration Act 1953

14   Application

(1) The amendments made by items 1 to 6 and 8 to 11 of this Schedule apply to copyright income, and non-copyright income, collected or derived by a copyright collecting society on or after 1 July 2002, unless the society has made an election in accordance with section 410-1 of the Income Tax (Transitional Provisions) Act 1997.

Note: If the society has made an election, then from 1 July 2004, the amendments listed above apply to all copyright income, and non-copyright income, collected or derived by the society on or after 1 July 2004.

(2) The amendments made by items 7 and 13 of this Schedule apply to payments of copyright income or non-copyright income made by a copyright collecting society in an income year after the income year in which this item commences.