Tax and Superannuation Laws Amendment (2014 Measures No. 6) Act 2014 (133 of 2014)

4   Amendment of assessments

 

(1) Section 170 of the Income Tax Assessment Act 1936 does not prevent the amendment of an assessment if:

(a) the assessment was made before the commencement of Schedule 1 (about roll-overs for business restructures) to this Act; and

(b) the amendment is made for the purpose of giving effect to that Schedule; and

(c) the amendment is made within 2 years after the day that Schedule commences.

      

(2) Section 170 of the Income Tax Assessment Act 1936 does not prevent the amendment of an assessment if:

(a) the assessment was made before the commencement of Schedule 2 (about MIT withholding regime for foreign pension funds) to this Act; and

(b) the amendment is made for the purpose of giving effect to that Schedule; and

(c) the amendment is made within 2 years after the day that Schedule commences.