Document ID: chunk:federal_register_of_legislation:C2014C00672:clause:3_19
Version: federal_register_of_legislation:C2014C00672
Segment Type: clause
Provision Reference: sch 3 cl 19
Character Range: 35918–36557

19  Transitional provision—time for making choices
(1) This item applies if, apart from this item, a choice under subsection 59‑65(2) of the Income Tax Assessment Act 1997 must be made on or before the day this Schedule commences.
(2) Despite paragraph 59‑65(3)(b) of that Act, the choice must be made and given to the Commissioner:
 (a) within the 2 year period starting at that commencement; or
 (b) within such further time as the Commissioner allows.
Note: The requirements for making the choice must still be satisfied (see subsection 59‑65(2) of that Act). This item does not change the income years referred to in that subsection.