(1) Section 79(1) of the principal Act is amended—
(a) By omitting from paragraph (a) the word “Wilfully”, and substituting the words “Being a borrower, wilfully”:
“Wilfully”
“Being a borrower, wilfully”
(b) By repealing paragraphs (b), (c), and (d):
(c) By omitting from paragraph (e) the words “any person”, and substituting the words “any borrower”.
“any person”
“any borrower”
(2) Section 79(3) of the principal Act is amended—
(a) By inserting at the beginning of paragraph (a) the words “Being a borrower,”:
“Being a borrower,”
(b) By inserting at the beginning of paragraph (b) the words “Being a borrower,”:
(c) By omitting from paragraph (b) the words “own or any other person's”:
“own or any other person's”
(d) By inserting at the beginning of paragraph (c) the words “Being a borrower,” before the word “obstructs”:
“obstructs”
(e) By repealing paragraphs (d) and (e).
(3) This section applies with respect to the 1997-98 income year and subsequent years.