Tax Laws Amendment (2004 Measures No. 6) Act 2005 (23 of 2005)

Schedule 10   Baby bonus adoption amendments

Income Tax Assessment Act 1997

21   Subsection 995-1(1) (both definitions of base year )

Repeal the definitions, substitute:

base year :

(a) for an entitlement to a *tax offset under Subdivision 61-I - has the meaning given by sections 61-430 and 61-450; and

(b) otherwise - has the meaning given by sections 45-320 and 45-470 in Schedule 1 to the Taxation Administration Act 1953.