Document ID: chunk:federal_register_of_legislation:C2008A00159:clause:2_2
Version: federal_register_of_legislation:C2008A00159
Segment Type: clause
Provision Reference: sch 2 cl 2
Character Range: 64521–66003

2  Application of amendment of the Taxation Administration Act 1953

(1) The amendment made by Part 1 of this Schedule applies to information acquired by the Commissioner under a taxation law before, on or after the day on which this Schedule commences.

(2) To avoid doubt, information acquired by the Commissioner under a taxation law may relate to a person who, immediately before this Schedule commences:
 (a) is a standard business sponsor; or
 (b) is an approved sponsor, other than an approved professional development sponsor; or
 (c) both:
 (i) was a standard business sponsor and an approved sponsor; and
 (ii) remained bound by an undertaking made under section 140H of the Migration Act 1958 that was enforceable under section 140Q of that Act.

(3) In this item:
approved professional development sponsor has the same meaning as in regulation 1.03 of the Migration Regulations 1994 as in force immediately before this Schedule commences.
approved sponsor has the same meaning as in the Migration Act 1958.
Migration Act 1958 means the Migration Act 1958 as in force immediately before this Schedule commences.
standard business sponsor has the same meaning as in regulation 1.20B of the Migration Regulations 1994 as in force immediately before this Schedule commences.
taxation law has the meaning given by the Income Tax Assessment Act 1997.

[Minister's second reading speech made in—
Senate on 24 September 2008
House of Representatives on 3 December 2008]
(194/08)