Commonwealth Consolidated Acts

INCOME TAX (TRANSITIONAL PROVISIONS) ACT 1997 - SECT 815.10

  (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.