Section 1B — Modification of Part 2 provisions for certain applications for determination by assessor

For the purposes of sections 1(4)(a) and 1A(4), Division 4 of Part 2 has effect in relation to an application for an assessor’s determination mentioned in section 1(4)(a), and in relation to a validated application mentioned in section 1A, with the following modifications:

(a)a reference in sections 12(4)(a) and 13(1A)(a) to the expiry of the prescribed period is a reference to the date prescribed by regulations made under section 1C;

(b)no determination may be made pursuant to section 13A(1) after the date prescribed by regulations made under section 1C;

(c)sections 12(4) and 13(1A) (as modified by this section) also apply to any description of scheduled contracts as may be prescribed by regulations made under section 1C.[Act 31 of 2022 wef 01/11/2022]