Commonwealth Consolidated Acts

INCOME TAX (TRANSITIONAL PROVISIONS) ACT 1997 - SECT 5.7

  (1)   A reference in an agreement to section   204 of the Income Tax Assessment Act 1936 is taken, from the commencement of this section, to be a reference to section   5 - 5 of the Income Tax Assessment Act 1997 , if:

  (a)   paragraph   721 - 25(1)(a) of the Income Tax Assessment Act 1997 applies to the agreement; and

  (b)   the agreement was in force just before the commencement of this section.

  (2)   This section applies in relation to tax to which Division   5 of the Income Tax Assessment Act 1997 applies.