Treasury Laws Amendment (Making Sure Foreign Investors Pay Their Fair Share of Tax in Australia and Other Measures) Act 2019 (34 of 2019)

Schedule 5   Contingent amendments relating to definition of provide affordable housing

Part 1   Main amendments

Taxation Administration Act 1953

3   Subsection 355-65(8) in Schedule 1 (at the end of the table)

Add:

9

an *Australian government agency that administers an *Australian law referred to in paragraph 980-10(1)(a) of the Income Tax Assessment Act 1997

is for the purpose of administering that *Australian law in relation to whether an entity should be, or should continue to be, covered by that Australian law in the way described in that paragraph.

10

an *Australian government agency that registers entities as described in paragraph 980-10(1)(b) of the Income Tax Assessment Act 1997

is for the purpose of determining whether an entity should be, or should continue to be, registered as described in that paragraph.


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