[ CCH Note: Div 418 will be repealed by No 15 of 2018, s 3 and Sch 1 item 49, effective 1 July 2023. No 15 of 2018, s 3 and Sch 1 items 68 - 73 contain the following saving provisions:

Division 2 - Saving provisions relating to repeal of Division 418

68 Object  
68
The object of this Division is to ensure that, despite the repeals and amendments made by Part 3 of this Schedule, the full legal and administrative consequences of:

(a) any act done or omitted to be done; or

(b) any state of affairs existing; or

(c) any period ending;

before such a repeal or amendment commences, can continue to arise and be carried out, directly or indirectly through an indefinite number of steps, even if some or all of those steps are taken after the repeal or amendment commences.

69 Making and amending assessments, and doing other things, in relation to past matters  
69
Even though an Act is amended by Part 3 of this Schedule, the amendment is disregarded for the purpose of doing any of the following under any Act or legislative instrument:

(a) making or amending an assessment (including under a provision that is itself repealed or amended);

(b) exercising any right or power, performing any obligation or duty or doing any other thing (including under a provision that is itself repealed or amended);

in relation to any act done or omitted to be done, any state of affairs existing, or any period ending, before the amendment commences.

70 Saving of provisions about effect of assessments  
70
If a provision or part of a provision that is repealed or amended by Part 3 of this Schedule deals with the effect of an assessment, the repeal or amendment is disregarded in relation to assessments made, before or after the repeal or amendment commences, in relation to any act done or omitted to be done, any state of affairs existing, or any period ending, before the repeal or amendment commences.

71 Saving of provisions about general interest charge or shortfall interest charge  
71
If:

(a) a provision or part of a provision that is repealed or amended by Part 3 of this Schedule provides for the payment of:

(i) general interest charge or shortfall interest charge (within the meaning of the Income Tax Assessment Act 1997) ; or

(ii) interest under the Taxation (Interest on Overpayments and Early Payments) Act 1983 ; and

(b) in a particular case, the period in respect of which the charge or interest is payable (whether under the provision or under the Taxation Administration Act 1953 ) has not begun, or has begun but not ended, when the provision is repealed or amended;

then, despite the repeal or amendment, the provision or part continues to apply in the particular case until the end of the period.

72 Repeals disregarded for the purposes of dependent provisions  
72
If the operation of a provision (the subject provision ) of any Act or legislative instrument depends to any extent on a provision of an Act, and that provision is repealed by Part 3 of this Schedule, the repeal is disregarded so far as it affects the operation of the subject provision.

73 Division does not limit operation of section 7 of the Acts Interpretation Act 1901  
73
This Division does not limit the operation of section 7 of the Acts Interpretation Act 1901 .