Income Tax Assessment Act 1997

CHAPTER 4 - INTERNATIONAL ASPECTS OF INCOME TAX  

PART 4-5 - GENERAL  

Division 775 - Foreign currency gains and losses  

Subdivision 775-B - Realisation of forex gains or losses  

SECTION 775-155  

775-155   Applicable commencement date  

For the purposes of this Division, your applicable commencement date is:

(a) the first day of the 2003-04 income year; or

(b) if that day is earlier than 1 July 2003 - the first day of the 2004-05 income year.