Document ID: chunk:federal_register_of_legislation:C2005A00147:clause:1_169
Version: federal_register_of_legislation:C2005A00147
Segment Type: clause
Provision Reference: sch 1 cl 169
Character Range: 115018–115861

169  Application of items relating to companies in liquidation

(1) The amendments made by items 1, 2 and 3 of this Schedule apply to assessments, made on or after 1 July 1997, for any year of income.

(2) The amendments made by items 73 and 78 of this Schedule (other than section 165‑209 of the Income Tax Assessment Act 1997 as inserted by item 73) apply:
 (a) to any tax loss that is claimed in an income year commencing on or after 1 July 1997; and
 (b) to any net capital loss that is applied in an income year commencing on or after 1 July 1998; and
 (c) to any deduction in respect of a bad debt that is claimed in an income year commencing on or after 1 July 1998; and
 (d) in determining whether any changeover time or alteration time occurs at or after 1 pm (by legal time in the Australian Capital Territory) on 11 November 1999.