(1) This section applies if:
(a) a determination under subsection 815-30(1) of the Income Tax Assessment Act 1997 has effect in relation to an entity in an income year; and
(b) the income year starts before 1 July 2012.
(2) Subdivision 284-C in Schedule 1 to the Taxation Administration Act 1953 applies in relation to the entity and the income year as if:
(a) Subdivision 815-A of the Income Tax Assessment Act 1997 had not been enacted; and
(b) each other provision of a taxation law applied in relation to the entity in the way it would have if that Subdivision had not been enacted.