Document ID: chunk:federal_register_of_legislation:C2023A00101:clause:5_3
Version: federal_register_of_legislation:C2023A00101
Segment Type: clause
Provision Reference: sch 5 cl 3
Character Range: 65512–66173

3  Application of amendments
(1) Subsection 207‑159(1) of the Income Tax Assessment Act 1997 (as inserted by this Schedule) applies to a relevant distribution mentioned in that subsection that is made on or after the commencement of this Schedule.
(2) To avoid doubt, for the purposes of paragraph 207‑159(1)(a) of the Income Tax Assessment Act 1997 (as inserted by this Schedule), a practice of making distributions referred to in that paragraph may be evidenced by distributions that were made before the commencement of this Schedule.

[Minister's second reading speech made in—
House of Representatives on 16 February 2023
Senate on 9 March 2023]
(10/23)