Taxation Laws Amendment (Self Assessment) Act 1992 (101 of 1992)

PART 2   AMENDMENT OF THE TAXATION ADMINISTRATION ACT 1953

14   Other applications

 

(1) Despite the amendments made by section 6, section 14ZS of the Principal Act as in force immediately before the commencement of this Act continues to apply to objection decisions that relate to the remission of additional tax payable by a taxpayer:

(a) under section 223 of the Income Tax Assessment Act 1936; or

(b) under section 224, 225 or 226 of that Act in relation to assessments in respect of:

(i) the 1991-92 year of income or an earlier year of income; or

(ii) an accounting period adopted in lieu of the 1992-93 year of income and commencing before 1 July 1992.

      

(2) The amendments of the Principal Act made by sections 8, 9 and 10 apply to taxation objections in respect of the year of income, franking year or year of tax, as the case requires, in which 1 July 1992, or, if the commencement of this Act is later, that commencement, occurs or a later year.