Document ID: chunk:federal_register_of_legislation:C2010C00603:clause:2_12
Version: federal_register_of_legislation:C2010C00603
Segment Type: clause
Provision Reference: sch 2 cl 12
Character Range: 82470–83246

12  Section 405‑1 (link note)
Repeal the link note, substitute:

Division 410—Copyright collecting societies

Table of sections

410‑1 Application of section 51‑43 of the Income Tax Assessment Act 1997

410‑1  Application of section 51‑43 of the Income Tax Assessment Act 1997

 (1) A copyright collecting society to which section 51‑43 of the Income Tax Assessment Act 1997 applies, may elect that, from 1 July 2004, the section apply to all copyright income, and non‑copyright income, collected or derived by the society on or after 1 July 2004.

 (2) A society makes a valid election if:
 (a) the election is in writing; and
 (b) the election is given to the Commissioner within 28 days after the day on which this section commences.

Taxation Administration Act 1953