Clause 1

This Act may be cited as the Income Tax (Amendment) Act 2005.(2) Section 10(a) shall be deemed to have come into operation on 31st August 1999.(3) Sections 10(e) and 31(b) and (c) shall be deemed to have come into operation on 1st January 2004.(4) Sections 13 (in relation to section 13P) and 31(a) shall be deemed to have come into operation on 27th February 2004.(5) Sections 10(f) (in relation to section 13(1)(zg)) and 21 shall be deemed to have come into operation on 21st September 2004.(6) Sections 4, 10(b), (f) (in relation to section 13(1)(zf)), (g), (h) and (j), 22(a), (b) and (d), 24(f), 25, 27(a), (b), (c), (d) and (e), 28(c), (e), (f) and (g), 34 and 36 shall be deemed to have come into operation on 1st January 2005.(7) Sections 11, 13 (in relation to section 13O), 29, 33(a) and (b), 35 (in relation to section 43T), 37, 38(b), 39 and 47 (in relation to section 43T) shall be deemed to have come into operation on 18th February 2005.(8) Sections 35 (in relation to section 43U) and 47 (in relation to section 43U) shall be deemed to have come into operation on 1st April 2005.(9) Sections 2(c) and (d), 3, 7, 8, 9, 10(c), 12, 15, 18(b) and (c), 22(e) and (f), 23, 24 (except in relation to section 37C(14)(c)), 32, 33(c), (d) and (e) and 41 shall come into operation on the date of commencement of the Companies (Amendment) Act 2005 (Act 21 of 2005).(10) Section 42 shall come into operation on 1st December 2005.(11) Sections 43, 44 and 46 shall come into operation on 1st January 2006.(12) Sections 14, 16, 17, 27(f) and 30 shall have effect for the year of assessment 2005 and subsequent years of assessment.(13) Section 45 shall have effect for the year of assessment 2006.(14) Sections 2(b), 5, 6, 18(a), 20, 22(c), 26 and 48 shall have effect for the year of assessment 2006 and subsequent years of assessment.