Tax Laws Amendment (Transfer of Provisions) Act 2010 (79 of 2010)

Schedule 4   Farm management deposits

Part 2   Consequential amendments

Income Tax Assessment Act 1936

25   Subsections 177B(1) and (2)

Repeal the subsections, substitute:

(1) Nothing in the following limit the operation of this Part:

(a) the provisions of this Act (other than this Part);

(b) theInternational Tax Agreements Act 1953;

(c) thePetroleum (Timor Sea Treaty) Act 2003.

(2) This Part does not affect the operation of Division 393 of theIncome Tax Assessment Act 1997 (Farm management deposits).

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