Commonwealth Numbered Acts

INCOME TAX (INTERNATIONAL AGREEMENTS) AMENDMENT ACT 1980 No. 23 of 1980 - SECT 9

9. (1) In this section, "amendments to which this section applies" means the
amendments made by paragraph 3 (c) and section 4.

(2) The amendments to which this section applies do not affect the operation
of the Income Tax (International Agreements) Act 1953 with respect to any
Australian tax, other than tax in respect of-

   (a)  remuneration to which paragraph (3) (A) of Article 2 of the United
        Kingdom agreement applies, being income of the year of income that
        commences on 1 July 1980 and of a subsequent year of income in
        relation to which the United Kingdom agreement remains effective; or

   (b)  dividends to which Article 8 of the United Kingdom agreement applies,
        being dividends derived on or after 6 April 1977 and in relation to
        which the United Kingdom agreement remains effective.

(3) Where a taxpayer derived, on or after 6 April 1977 but before 30 January
1980, a dividend in respect of which he is entitled to a tax credit under
paragraph (2) of Article 8 of the United Kingdom agreement, the amendments to
which this section applies shall not operate to increase the Australian tax
payable by the taxpayer in respect of the year of income in which the dividend
is derived.

(4) The Commissioner may amend an assessment made before the date of entry
into force of the United Kingdom protocol for the purpose of giving effect to
the amendments to which this section applies (including those amendments as
affected by sub-section (3) of this section).