Document ID: chunk:federal_register_of_legislation:C2010C00576:clause:3_141
Version: federal_register_of_legislation:C2010C00576
Segment Type: clause
Provision Reference: sch 3 cl 141
Character Range: 80717–81458

141  Transitional

(1) Subparagraphs 207‑120(1)(b)(ii) and 207‑120(2)(b)(ii) of the Income Tax Assessment Act 1997 have effect during the period starting on 1 July 2002 and ending just before the start of the 2003‑04 income year as if references in those subparagraphs to an amount being non‑assessable non‑exempt income were references to the amount being neither assessable income nor exempt income.

(2) Paragraphs 15‑60(3)(b) and 320‑112(3)(b) of the Income Tax Assessment Act 1997 have effect during any period starting before the start of the 2003‑04 income year as if references in those paragraphs to an amount being non‑assessable non‑exempt income were references to the amount being neither assessable income nor exempt income.