Document ID: chunk:federal_register_of_legislation:C2015A00130:section:4
Version: federal_register_of_legislation:C2015A00130
Segment Type: section
Provision Reference: s 4
Character Range: 3346–4092

4  Amendment of assessments
 (1) Section 170 of the Income Tax Assessment Act 1936 does not prevent the amendment of an assessment if:
 (a) the assessment was made before the commencement of Schedule 3 to this Act (Instalment trusts); and
 (b) the amendment is made for the purpose of giving effect to that Schedule; and
 (c) the amendment is made within 2 years after that commencement.
 (2) Section 170 of the Income Tax Assessment Act 1936 does not prevent the amendment of an assessment if:
 (a) the assessment was made before the commencement of Schedule 4 to this Act (Company losses); and
 (b) the amendment is made for the purpose of giving effect to that Schedule; and
 (c) the amendment is made within 4 years after that commencement.