Corporate Collective Investment Vehicle Framework and Other Measures Act 2022 (8 of 2022)

Schedule 8   Minor and technical amendments Spring 2021

Part 1   Amendments commencing day after Royal Assent

Income Tax Rates Act 1986

18   Application of amendment

The amendment of subsection 3A(1) of the Income Tax Rates Act 1986 made by this Part applies to an individual in relation to a particular time if:

(a) the time is in an income year (a pre-commencement income year ) that begins on or after 1 July 2019 but before the first 1 July to occur after the day this Part commences and the individual is a non-resident taxpayer in relation to that income year; or

(b) the time:

(i) is in a pre-commencement income year in relation to which there are one or more part-year residency periods in relation to the individual; and

(ii) is not in one of those part-year residency periods; or

(c) the time is in an income year that begins on or after the first 1 July to occur after the day this Part commences.