Tax Laws Amendment (2009 Measures No. 2) Act 2009 (42 of 2009)
Schedule 1 Tax treatment of payments under financial claims scheme
Income Tax Assessment Act 1936
16 Application
The amendments of Schedule 2G to the Income Tax Assessment Act 1936 made by this Schedule apply to assessments for the year of income including 18 October 2008 and later years of income.
Note: Division 2AA (Financial claims scheme for account-holders with insolvent ADIs) of Part II of the Banking Act 1959 commenced on 18 October 2008.
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