Acts and Instruments (Framework Reform) (Consequential Provisions) Act 2015 (126 of 2015)

Schedule 1   Consequential amendments

Part 1   Main amendments

Income Tax Assessment Act 1936

298   Subsection 24AV(2)

Repeal the subsection, substitute:

Retrospective application of regulations prescribing excluded STBs

(2) Subsection 12(2) (retrospective application of legislative instruments) of the Legislation Act 2003 does not apply to a regulation prescribing an STB as an excluded STB.


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