Document ID: chunk:federal_register_of_legislation:C2023A00029:clause:2_15
Version: federal_register_of_legislation:C2023A00029
Segment Type: clause
Provision Reference: sch 2 cl 15
Character Range: 58150–58611

15  Application of amendments
(1) The amendments of the A New Tax System (Goods and Services Tax) Act 1999 made by Part 1 of this Schedule apply in relation to supplies or payments made on or after 1 July 2021.
(2) The amendment of the definition of foreign currency in subsection 995‑1(1) of the Income Tax Assessment Act 1997 made by Part 1 of this Schedule applies in relation to:
 (a) an income year that includes 1 July 2021; and
 (b) later income years.