Indirect Tax Laws Amendment (Assessment) Act 2012 (39 of 2012)

Schedule 1   Assessment of amounts under indirect tax laws

Part 1   Amendments commencing on 1 July 2012

Division 4   Transitional amendments

Taxation Administration Act 1953

235   At the end of section 105-50 in Schedule 1

Add:

Sunsetting provision

(4) This section applies in relation to payments and refunds that:

(a) relate to *tax periods, and *fuel tax return periods, that start before 1 July 2012; or

(b) do not relate to any tax periods or fuel tax return periods, but relate to liabilities or entitlements that arose before 1 July 2012.

Note: This section will be repealed on 1 January 2017: see Part 2 of Schedule 1 to the Indirect Tax Laws Amendment (Assessment) Act 2012.