Document ID: chunk:federal_register_of_legislation:C2015C00048:clause:2b_23
Version: federal_register_of_legislation:C2015C00048
Segment Type: clause
Provision Reference: sch 2B cl 23
Character Range: 71322–71955

23  Subsection 32C(2)
Repeal the subsection, substitute:
 (2) If only one member of the couple was required to lodge an income tax return for the relevant income year, the relevant reconciliation time is the time when an assessment is made under the Income Tax Assessment Act 1936 of the member's taxable income for the relevant income year, so long as the member's income tax return for the relevant income year was lodged before the end of:
 (a) the first income year after the relevant income year; or
 (b) such further period as the Secretary allows for that member under subparagraph (1)(c)(ii) or (iii), as the case requires.