Document ID: chunk:federal_register_of_legislation:C2004C01086:clause:6_6
Version: federal_register_of_legislation:C2004C01086
Segment Type: clause
Provision Reference: sch 6 cl 6
Character Range: 182302–183168

6  Subsection 170(3)
Repeal the subsection, substitute:

 (3) An amendment effecting a reduction in a taxpayer's liability under an assessment is not to be made:
 (a) if the taxpayer is a relevant entity within the meaning of Division 1B of Part VI and the assessment is taken by section 166A to have been made—after the end of 4 years after the day on which the assessment is so taken to have been made; or
 (b) if paragraph (a) does not apply and the taxpayer is not a SPOR taxpayer for the year of income to which the assessment relates—after the end of 4 years after the day on which tax became due and payable under the assessment; or
 (c) if paragraph (a) does not apply and the taxpayer is a SPOR taxpayer for the year of income to which the assessment relates—after the end of 2 years after the day on which tax became due and payable under the assessment.