Taxation Laws Amendment Act (No. 2) 1996 (76 of 1996)
Schedule 1 Amendment of the Income Tax Assessment Act 1936: various measures
Part 1 Offshore banking units
(1) The amendments made by items 1 to 17 apply to assessments of income of the 1996-97 year of income and of all later years of income.
(2) The amendments made by the other items in this Part apply to interest paid by an OBU during the 1996-97 year of income and all later years of income.