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YZ 1: Source rule for interest
or “Rules for determining where interest income comes from”
You could also call this:

“Old rule from 1976 Income Tax Act still applies”

Section 394L(4A) of the Income Tax Act 1976 still works the same way it did before that Act was replaced by the Income Tax Act 1994. This means that even though the Income Tax Act 1976 is no longer in use, this specific part of it continues to have an effect. You can think of it like an old rule that still applies, even though the book it was written in has been replaced by a new one.

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Next up: YZ 3: Saving effect of section DF 5 of Income Tax Act 1994

or “Continuing old tax rules for certain retirement payments”
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Part Y Definitions and related matters
Terminating provisions

YZ 2Saving of effect of section 394L(4A) of Income Tax Act 1976

  1. Section 394L(4A) of the Income Tax Act 1976 continues to apply in the same manner as it applied immediately before the repeal of that Act by the Income Tax Act 1994.

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Notes
  • Section YZ 2: added (with effect on 1 April 2008), on , by section 576(1) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).