Document ID: chunk:federal_register_of_legislation:C2014C00672:clause:5_16
Version: federal_register_of_legislation:C2014C00672
Segment Type: clause
Provision Reference: sch 5 cl 16
Character Range: 59694–60171

16  Subsection 168(1)
Repeal the subsection, substitute:
 (1) The Commissioner may at any time during any year, or after its expiration, make an assessment of:
 (a) the taxable income derived (or that there is no taxable income) in that year or any part of it by any taxpayer; and
 (b) the tax payable thereon (or that no tax is payable); and
 (c) the total of the taxpayer's tax offset refunds for that year or that part of it (or that the taxpayer can get no such refunds).