Document ID: chunk:federal_register_of_legislation:C2015C00338:clause:2_5
Version: federal_register_of_legislation:C2015C00338
Segment Type: clause
Provision Reference: sch 2 cl 5
Character Range: 74880–75988

5  Section 155‑55 in Schedule 1
Repeal the section, substitute:

155‑55  Amendment to give effect to certain anti‑avoidance declarations or determinations
  The Commissioner may amend an assessment of an *assessable amount at any time, if:
 (a) the Commissioner makes a declaration under subsection 165‑45(3) of the *GST Act (about compensating adjustments for anti‑avoidance declarations); or
 (b) the Commissioner makes a declaration under subsection 75‑45(3) of the Fuel Tax Act 2006 (about compensating adjustments for anti‑avoidance declarations); or
 (c) the Commissioner makes a determination under section 210‑30 of the Minerals Resource Rent Tax Act 2012 (about compensating adjustments for anti‑avoidance determinations).
The Commissioner may amend the assessment to give effect to the declaration or determination.

155‑57  Amendment to give effect to MRRT anti‑profit shifting rules
  The Commissioner may amend an assessment of an *assessable amount of yours at any time for the purposes of giving effect to Division 205 (about anti‑profit shifting) of the Minerals Resource Rent Tax Act 2012.