Introduction Overview Section 1180: Transitional provisions and savings
3350.This section introduces Schedule 2 and provides for the Treasury to make transitional or savings provisions additional to those contained within the Schedule. It is new. A corresponding provision is in section 1325 of CTA 2009.
3351.The powerwill not be exercised without the agreement of the Tax Law Rewrite Project’s Consultative and Steering Committees.
3352.Subsection (3) provides that the power may be used to make provision having retrospective effect.