Tax Laws Amendment (Improvements to Self Assessment) Act (No. 2) 2005 (161 of 2005)

Schedule 1   Assessments

Part 4   Consequential amendments

Division 1   SPOR taxpayer provisions

Taxation Administration Act 1953
28   Paragraphs 14ZW(1)(aa) and (aaa)

Repeal the paragraphs, substitute:

(aa) if the taxation objection is made under section 175A of the Income Tax Assessment Act 1936:

(i) if item 1, 2 or 3 of the table in subsection 170(1) of that Act applies to the assessment concerned - 2 years after notice of the assessment is given to the person; or

(ii) otherwise - 4 years after notice of the assessment concerned is given to the person; or

(aaa) if the taxation objection is made under section 78A of the Fringe Benefits Tax Assessment Act 1986 or section 160AL of the Income Tax Assessment Act 1936 - 4 years after notice of the taxation decision to which it relates has been given to the person; or


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