Taxation Laws Amendment Act (No. 2) 1993 (18 of 1993)

PART 4   AMENDMENT OF THE INCOME TAX ASSESSMENT AMENDMENT (FOREIGN INVESTMENT) ACT 1992

Division 2   Amendment relating to passive income

61   Passive income

Section 14 of the Principal Act is amended by adding at the end the following subsection:

"(2) The amendment made by paragraph (1) (c) applies to assessments in respect of income of the 1992-93 year of income and in respect of income of all later years of income.".