Document ID: chunk:federal_register_of_legislation:C2010C00578:clause:7_15
Version: federal_register_of_legislation:C2010C00578
Segment Type: clause
Provision Reference: sch 7 cl 15
Character Range: 79380–79987

15  Application

(1) The amendments made by this Part apply to assessments for the 1997‑98 income year and later income years.

(2) However, an amendment made by this Part affecting a provision does not apply to anything to which the provision did not apply before the amendment.

Example: Section 707‑125 of the Income Tax Assessment Act 1997 applies on and after 1 July 2002. Despite the reference in subitem (1) to the 1997‑98 income year, the amendments of that section made by this Part do not apply before 1 July 2002.

Part 2—Bad debts

Division 1—Main amendment

Income Tax Assessment Act 1997