SCHEDULES
SCHEDULE 1Abolition of basis periods
PART 3Amendments of other Acts
59Income Tax Act 2007
1
Section 795 (meaning of “post-1 December 2004 loss”) is amended as follows.
2
In subsection (1), in each of paragraphs (a) and (b), omit “the basis period for”.
3
In subsection (2)(b), omit “the basis period for”.
4
Omit subsection (4).