Document ID: chunk:federal_register_of_legislation:C2019C00124:clause:8_5
Version: federal_register_of_legislation:C2019C00124
Segment Type: clause
Provision Reference: sch 8 cl 5
Character Range: 192264–193183

5  Subitem 51(7) of Schedule 2
Repeal the subitem, substitute:
(7) A choice mentioned in subitem (6):
 (a) can only be made before the end of 2 months after the later of:
 (i) the end of the income year in relation to which the choice is made; and
 (ii) the commencement of:
 (A) if that income year is the 2010‑11, 2011‑12, 2012‑13 or 2013‑14 income year—Schedule 2 to the Tax Laws Amendment (2011 Measures No. 5) Act 2011; or
 (B) if that income year is the 2014‑15, 2015‑16 or 2016‑17 income year—Schedule 8 to the Tax Laws Amendment (New Tax System for Managed Investment Trusts) Act 2016; and
 (b) can only be made in writing; and
 (c) can only be made in relation to the following income years:
 (i) the 2010‑11 income year;
 (ii) the 2011‑12 income year;
 (iii) the 2012‑13 income year;
 (iv) the 2013‑14 income year;
 (v) the 2014‑15 income year;
 (vi) the 2015‑16 income year;
 (vii) the 2016‑17 income year.