Energy Grants (Credits) Scheme (Consequential Amendments) Act 2003 (54 of 2003) as amended

Schedule 5   Amendment of the Taxation Administration Act 1953

24   Sections 14ZAF and 14ZAG

Repeal the sections, substitute:

14ZAF Application for private ruling about own tax or product grant or benefit

A person may apply to the Commissioner for a ruling on the way in which, in the Commissioner's opinion:

(a) a tax law or tax laws (not being or including a product grant or benefit law) would apply to the person in respect of a year of income in relation to an arrangement; or

(b) a product grant or benefit law would apply to the person in respect of a claim period in relation to an arrangement.

14ZAG Application for private ruling about another's tax or product grant or benefit

A person may, with the written consent of another person, apply to the Commissioner for a ruling on the way in which, in the Commissioner's opinion:

(a) a tax law or tax laws (not being or including a product grant or benefit law) would apply to the other person in respect of a year of income in relation to an arrangement; or

(b) a product grant or benefit law would apply to the other person in respect of a claim period in relation to an arrangement.