Taxation Laws Amendment (Self Assessment) Act 1992 (101 of 1992)

SCHEDULE 2   AMENDMENTS OF THE INCOME TAX ASSESSMENT ACT 1936 RELATING TO NOTICES AND REQUESTS

*   Subsection 122B(5)

Omit the subsection, substitute:

"(5) An agreement made under subsection (1) must:

(a) be in writing and signed by or on behalf of each party to the agreement; and

(b) be made not later than 2 months after the end of the year of income of the purchaser in which the right or information was cquired, or within such further time as the Commissioner allows.".