International Tax Agreements Amendment Act (No. 1) 2007 (136 of 2007)

Schedule 1   The 2006 French convention

International Tax Agreements Act 1953

10   Sections 9, 9A and 9B

Repeal the sections, substitute:

9 The 2006 French convention

Subject to this Act, on and after the date of entry into force of a provision of the 2006 French convention, the provision has the force of law according to its tenor.

9A Previous French agreements etc.

The provisions of:

(a) the 1969 French airline profits agreement; and

(b) the 1976 French agreement; and

(c) the 1976 French agreement as amended by the 1989 French protocol;

so far as those provisions affect Australian tax, continue to have the force of law for tax in respect of income in relation to which the agreements remain effective.

Note 1: Paragraph 3 of Article 30 of the 2006 French convention preserves the operation of Article 19 of the 1976 French agreement (which provides that the income received in respect of teaching or conducting research by visiting professors and teachers is taxed only in their home country). This applies to individuals who are entitled to the benefit at the time when the 2006 French convention enters into force. The benefit is preserved until the individual concerned would have ceased to be entitled to it under the 1976 French agreement.

Note 2: Article 19 of the 1976 French agreement is affected by Article 8 of the 1989 French protocol.