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The majority voted in favour of [amendment 2383](https://www.openaustralia.org.au/senate/?id=2024-03-27.181.1) introduced by Pauline Hanson's One Nation Party, which means it passed and will now be included in the bill. ### Amendment text > *(1) Schedule 2, item 144, page 63 (line 3), omit "The amendments", substitute "Subject to this Part, the amendments".* > > *(2) Schedule 2, Part 2, page 63 (after line 17), at the end of the Part, add:* > >> *146 Saving — old law continues to apply to Australian plantation forestry entities* >> >> *(1) Despite the amendments made by Part 1 of this Schedule, the old law continues to apply in relation to assessments for income years starting on or after 1 July 2023 for entities that are Australian plantation forestry entities for a period that is all or part of the income year, as if the amendments had not been made.* >> >> *(2) In this item:* >> >>> *Australian plantation forestry entity, at a particular time, means an entity that solely or predominantly carries on a business, at that time, of establishing and tending trees for felling in Australia.* >>> >>> *old law means the following provisions, as in force immediately before the commencement of this item:* >>> >>>> *(a) Division 820 of the Income Tax Assessment Act 1997;* >>>> >>>> *(b) any other provision of that Act to the extent that it relates to that Division;* >>>> >>>> *(c) any provision in an instrument (whether legislative or administrative) made under that Act to the extent that it relates to that Division.*

Senate, 2024-03-27. affirmative: ayes 40, noes 20.

Question

The majority voted in favour of [amendment 2383](https://www.openaustralia.org.au/senate/?id=2024-03-27.181.1) introduced by Pauline Hanson's One Nation Party, which means it passed and will now be included in the bill. ### Amendment text > *(1) Schedule 2, item 144, page 63 (line 3), omit "The amendments", substitute "Subject to this Part, the amendments".* > > *(2) Schedule 2, Part 2, page 63 (after line 17), at the end of the Part, add:* > >> *146 Saving — old law continues to apply to Australian plantation forestry entities* >> >> *(1) Despite the amendments made by Part 1 of this Schedule, the old law continues to apply in relation to assessments for income years starting on or after 1 July 2023 for entities that are Australian plantation forestry entities for a period that is all or part of the income year, as if the amendments had not been made.* >> >> *(2) In this item:* >> >>> *Australian plantation forestry entity, at a particular time, means an entity that solely or predominantly carries on a business, at that time, of establishing and tending trees for felling in Australia.* >>> >>> *old law means the following provisions, as in force immediately before the commencement of this item:* >>> >>>> *(a) Division 820 of the Income Tax Assessment Act 1997;* >>>> >>>> *(b) any other provision of that Act to the extent that it relates to that Division;* >>>> >>>> *(c) any provision in an instrument (whether legislative or administrative) made under that Act to the extent that it relates to that Division.*

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