Tax and Superannuation Laws Amendment (2014 Measures No. 7) Act 2015 (21 of 2015)

Schedule 6   Exploration development incentive

Part 4   Application and saving provisions

Division 1   Application of amendments

73   Application of amendments

(1) The amendments made by Parts 1 and 2 of this Schedule apply in relation to the 2015-16, 2016-17 and 2017-18 income years, but not in relation to any later income years.

(2) Despite subitem (1), item 23 of this Schedule does not apply in relation to an income year commencing before 1 July 2015.

Note: Subitem (2) will apply in relation to early balance substituted accounting periods for the 2015-16 income year.