Document ID: chunk:federal_register_of_legislation:C2005A00021:clause:3_47
Version: federal_register_of_legislation:C2005A00021
Segment Type: clause
Provision Reference: sch 3 cl 47
Character Range: 18730–19498

47  Application

(1) The amendments made by Part 1 of this Schedule apply to interest paid on debentures or debt interests issued on or after the day on which this Act receives the Royal Assent (the Assent day).

(2) The amendment made by Part 2 of this Schedule applies to payments made on instruments referred to in paragraph (e) of the definition of interest in subsection 128A(1AB) of the Income Tax Assessment Act 1936 issued on or after the Assent day.

(3) The amendment made by Part 3 of this Schedule applies to debentures or debt interests that:
 (a) are issued after 18 June 1993; and
 (b) are transferred on or after the Assent day.

[Minister's second reading speech made in—
House of Representatives on 18 November 2004
Senate on 7 March 2005]
(177/04)