INCOME TAX (TRANSITIONAL PROVISIONS) ACT 1997 (ARCHIVE)

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-45 - RULES FOR PARTICULAR INDUSTRIES AND OCCUPATIONS  

Division 387 - Capital allowances for primary producers and some land-holders  

Subdivision 387-A - Landcare operations  

SECTION 387-85 (ARCHIVE)   Transitional provisions for approvals of farm consultants  

387-85(1)    
An approval of a person as a farm consultant for the purposes of section 75D of the Income Tax Assessment Act 1936 that was in force immediately before 1 July 1997 also has effect on and after that day as an approval of the person as a farm consultant for the purposes of Subdivision 387-A of the Income Tax Assessment Act 1997 (until the approval is revoked).

387-85(2)    
Anything done in relation to the approval under that Subdivision also has effect for the purposes of section 75D of the Income Tax Assessment Act 1936 .

387-85(3)    
If:

(a) the Secretary to the Department of Primary Industries and Energy has authorised an officer of that Department to approve persons as farm consultants for the purposes of section 75D of the Income Tax Assessment Act 1936 ; and

(b) the authority was in force immediately before 1 July 1997;

the authority also has effect on and after that day as an authority to approve persons as farm consultants for the purposes of Subdivision 387-A of the Income Tax Assessment Act 1997 (until the authority is revoked).

387-85(4)    
Anything relating to an authority done under that Subdivision also has effect for the purposes of section 75D of the Income Tax Assessment Act 1936 .