Tax Agent Services (Transitional Provisions and Consequential Amendments) Act 2009 (114 of 2009)

Schedule 2   Transitional provisions

Part 7   Reporting and disclosure obligations

22   Modified reporting requirements for first year

If commencement occurs during the last 3 months of a financial year, then, despite subsection 60-130(1) of the new law:

(a) the Chair is not required to prepare a report for that financial year; and

(b) the period from commencement to the end of the financial year must be dealt with in the next annual report.