Removal of obsolete references

2012 remedial legislation removes from the Income Tax Act references to sections which have been repealed following international tax reforms.

The following references have been omitted from the Income Tax Act 2007 as they refer to sections which have been repealed as a result of earlier international tax reforms:

  • In section LF 8, a reference to "sections CW 9 to CW 11" has been replaced with a reference to "sections CW 9 and CW 10" as section CW 11 was repealed for income years beginning on or after 1 July 2011. This change is effective from 1 July 2011.
  • In section FM 6 (3), a reference to "section GB 40" has been omitted as section GB 40 was repealed for income years beginning on or after 1 July 2012. This change is effective from 1 July 2012.
  • In Table O4, Row 8 has been omitted as it refers to section OC 19 which was repealed for income years beginning on or after 1 July 2011. This change is effective from 1 July 2011.
  • In section RE 2(5)(c), a reference to "attributed repatriation" has been removed as the attributed repatriation rules were repealed for income years beginning on or after 1 July 2009. This change is effective from 1 July 2009.