Treasury Laws Amendment (2019 Measures No. 1) Act 2019 (49 of 2019)

Schedule 4   Miscellaneous amendments

Part 2   Amendments commencing the first 1 January, 1 April, 1 July or 1 October to occur after Royal Assent

Taxation Administration Act 1953

111   Application provision

(1) Subject to subitem (2), the amendments made by items 79 to 83 of this Schedule apply in relation to valid requests made under section 131-5 in Schedule 1 to the Taxation Administration Act 1953 on or after 1 July 2018.

(2) However, the amendments do not apply unless the contract to purchase or construct a CGT asset that is a residential premises to which the valid request relates is entered into on or after 1 July 2018.

(3) The amendments made by items 105, 106 and 107 of this Schedule apply in relation to supplies made on or after the commencement of those items.