Document ID: chunk:federal_register_of_legislation:C2010C00617:clause:3_14
Version: federal_register_of_legislation:C2010C00617
Segment Type: clause
Provision Reference: sch 3 cl 14
Character Range: 55724–56898

14  Application of amendments

(1) The amendment made by item 1 applies to:
 (a) franking deficit tax for franking years ending on or after 1 July 2000; and
 (b) deficit deferral tax in relation to instalments under section 221AZK paid during a franking year ending on or after 1 July 2000.

(2) The amendment made by item 2 applies to:
 (a) the payment of a class C franked dividend to a shareholder in a company on or after 1 July 2000; and
 (b) a trust amount or partnership amount that relates, directly or indirectly, to the payment of a class C franked dividend to a shareholder in a company on or after 1 July 2000.

(3) The amendment made by item 4 applies to dividends paid on or after 1 July 2000.

(4) The amendment made by item 5 applies to deficit deferral tax in relation to instalments under section 221AZK paid during a franking year ending on or after 1 July 2000.

(5) The amendments made by items 7 and 8 apply to dividends paid on or after 1 July 2000.

(6) The amendments made by items 9 to 12 apply to dividends that are current dividends for the purposes of section 160ASL of the Income Tax Assessment Act 1936 and are paid on or after 1 July 2000.