Clause 49

Despite section 3, section 6(12) of the principal Act as in force immediately before the date of commencement of section 3 (called in this subsection the old law) continues to apply to any disclosure of information described in the old law made on or after that date if a consent described in the old law was obtained before that date and remained in force as at the date of the disclosure.

Section 78(10) of the principal Act as inserted by section 34(c) also applies in relation to a notice of appeal lodged under section 79(1) of the principal Act before the date of commencement of section 34(c), except that the Chairperson of the Board of Review may not exercise the power under section 78(10) of the principal Act without the consent of the appellant and the Comptroller of Income Tax.

Section 50(6A) of the Goods and Services Tax Act 1993 as inserted by section 46(g) also applies in relation to a notice of appeal lodged under section 51(1) of that Act before the date of commencement of section 46(g), except that the Chairperson of the Goods and Services Tax Board of Review may not exercise the power under section 50(6A) of that Act without the consent of the appellant and the Comptroller of Goods and Services Tax.

For a period of 2 years after the date of publication in the Gazette of the Income Tax (Amendment) Act 2022, the Minister may, by regulations, prescribe such additional provisions of a saving or transitional nature consequent on the enactment of that provision as the Minister may consider necessary or expedient.