Tax Laws Amendment (2006 Measures No. 3) Act 2006 (80 of 2006)

Schedule 9   Pre-1 July 88 funding credits

Income Tax Assessment Act 1936

5   Application

The amendments made by this Schedule apply to the use, on or after 9 May 2006, of pre-1 July 88 funding credits under section 275B of the Income Tax Assessment Act 1936, including use on or after that day as a result of:

(a) an objection or a request for amendment lodged on or after 9 May 2006; or

(b) an objection or a request for amendment lodged before 9 May 2006 and pending on that day.