Document ID: chunk:federal_register_of_legislation:C2010C00673:body:0:p59
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Character Range: 147031–149880

that section
were amended so that references in that subsection to an
eligible company included references to a person other than an
eligible company; and".
  22. Application
The amendments made by this Part apply to deductions claimed
for the 1994-95 year of income, or any later year of income, in
respect of expenditure related to research and development
activities.
  23. Amendment of assessments
Section 170 of the Income Tax Assessment Act 1936 does not
prevent the amendment of an assessment made before the
commencement of this Part for the purpose of giving effect to
this Part.

TAXATION LAWS AMENDMENT ACT (No. 4) 1994 No. 181 of 1994 - SCHEDULE 5

                          SCHEDULE 5                     Section 3
AMENDMENTS RELATING TO THE PAYMENT OF INTEREST ON OVERPAYMENTS
                      AND EARLY PAYMENTS
                        PART 1 - OBJECT
  1. Object
The object of this Schedule is:
  (a) to extend the cases where interest is payable on
overpayments under the Taxation (Interest on Overpayments) Act
1983; and
  (b) to provide that interest is payable under that Act on
certain early payments; and
  (c) to change the basis for setting the rate of interest
payable under that Act and under other Acts that adopt that
rate for their purposes.
     PART 2 - TAXATION (INTEREST ON OVERPAYMENTS) ACT 1983
  2. Title:
After "overpayments" insert "and early payments".
  3. Section 1:
After "Overpayments" insert "and Early Payments".
  4. Subsection 3(1) (paragraph (ca) of the definition of
"decision to which this Act applies"):
Omit all the words after "taxpayer to tax".
  5. Subsection 3(1) (definition of "income tax"):
Omit "Income Tax Assessment Act 1936" (wherever occurring),
substitute "Tax Act".
  6. Subsection 3(1) (definition of "provisional tax"):
Omit "Income Tax Assessment Act 1936", substitute "Tax Act".
  7. Subsection 3(1) (paragraphs (a), (b), (ba), (bb), (bc),
        (c) and (caa) of the definition of "relevant tax"):
Omit "Income Tax Assessment Act 1936" (wherever occurring),
substitute "Tax Act".
  8. Subsection 3(1) (definition of "year of income"):
Omit "Income Tax Assessment Act 1936", substitute "Tax Act".
  9. Subsection 3(1):
Insert:
  "'double tax agreement' means an agreement within the meaning
of the Income Tax (International Agreements) Act 1953;
  'final instalment day' means:
  (a) in relation to a year of income of a relevant entity -
the day by which the final payment of tax in respect of income
of the year of income:
    (i) is required to be made under section 221AZD of the Tax
Act (as affected by sections 221AN and 221AU of that Act); or
    (ii) would be required to be made under that section (as so
affected) if the requirements of paragraph (b) of that section
were met; and
  (b) in relation to a year of income of an instalment taxpayer
- the day by which