30Interpretation

30 Interpretation

In this Division, unless the contrary intention appears –

audit year means the period of 12 months ending on 30 June each year;

prescribed period, in relation to a property agent who dies or a person who ceases to carry on the business of a property agent in any audit year, means the period from immediately after the end of the previous audit year to the day in the audit year on which the person dies or ceases to carry on the business.