Part III (note) inserted by No 25 of 2001.

Part III inserted by No 123 of 1984.

S 8WAA inserted by No 121 of 2018, s 3 and Sch 1 item 2, effective 4 October 2018. No 121 of 2018, s 3 and Sch 1 item 4 contain the following application and transitional provisions:

Part 2 - Application and transitional provisions

4 Application of amendments  
(1)
An entity may, as soon as practicable after the commencement of this Schedule, give the Commissioner a notice, in the approved form, of the fact that before 7.30 pm (by legal time in the Australian Capital Territory) on 9 May 2017 the entity acquired, or assumed possession or control of, an electronic sales suppression tool or the right to use an electronic sales suppression tool.
(2)
If notice is given in accordance with subitem (1), the Commissioner may give to the entity a direction to deal in a particular way, and by a particular date, with the tool or the right to use the tool so that the entity no longer has possession or control of the tool or the right.
(3)
If notice is given in accordance with subitem (1), neither subsection 8WAD(1) of the Taxation Administration Act 1953 nor subsection 288-130(1) in Schedule 1 to that Act applies in relation to the tool or the right to use the tool during the period beginning at the commencement of this Schedule and ending at the earlier of the following times:

(a) if the entity is given a direction under subitem (2) - the date specified in the Commissioner ' s direction;

(b) 6 months after commencement.