Veterans' Entitlements (Transitional Provisions and Consequential Amendments) Act 1986

The amendment of the Income Tax (Rates) Act 1982 effected by the Schedule applies in relation to the year of income commencing on 1 July 1986, and all subsequent years of income.

The Income Tax (Rates) Act 1982 applies in relation to the year of income and commenced on 1 July 1985 as if the amendment referred to in subsection (1) of this section had not been made but, in the definition of prescribed non‑resident in subsection 3(1), the following subparagraphs were inserted after subparagraph (b)(iv):

subsection 4(6) of the Veterans’ Entitlements (Transitional Provisions and Consequential Amendments) Act 1986;”.