Clause 56
Amendment of section 105L
of Income Tax (Amendment No. 3) Bill
BillNot in forceProvision 56 of 64
Clause 56
Section 105L of the principal Act is amended by inserting, immediately after subsection (1A), the following subsection:“(1B) In subsection (1), the reference to a person falling within any description of persons prescribed by regulations —
(a)
excludes one given a written notice by the Comptroller pursuant to a regulation made under section 105P(2)(ba)(i); and
(b)
includes one given a written notice by the Comptroller pursuant to a regulation made under section 105P(2)(ba)(ii).”.