Clause 66

This section applies to any deduction purportedly made under section 37B of the principal Act before the date of commencement of section 37 and any collection or recovery of tax that was assessed following such deduction.

Such deduction, collection or recovery mentioned in subsection (1) is taken to have been validly made as if section 37 were in force at the material time, and no legal proceedings may be instituted on or after 5 October 2020 on account of such deduction, collection or recovery.