Introduction Details of the Schedule Part 3 – Commencement etc.
79.Paragraph 31 gives the commencement rule for the Schedule, which applies to all distributions paid on or after 1 July 2009.
80.Paragraph 32 sets out transitional provisions applying to sections 931H and 931J. In each case the purpose of the transitional rule is to prevent the need to consider transactions (or series of transactions) that were completed before 1 July 2008. To the extent that it is necessary to consider whether a distribution would have fallen into an exempt class before 1 July 2009, it is to be assumed that Part 9A was in force at that time.