Legislation that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.
Note: The provisions of the Income Tax Assessment (1936 Act) Regulation 2015 amended or inserted by this Act, and any other provisions of that Regulation, may be amended or repealed by regulations made under section 266 of the Income Tax Assessment Act 1936 (see subsection 13(5) of the Legislation Act 2003 ).