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Tax and Superannuation Laws Amendment (2015 Measures No . 1) Bill 2015
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Schedule  6 » Miscellaneous amendments

Part 1 General amendments

A New « Tax » System (Goods and Services « Tax » ) Act 1999

1  Section 23-1 (diagram)

Repeal the diagram, substitute:

 

2  Paragraph 134-10(1)(e)

Omit “from you”, substitute “you make”.

Charities (Consequential Amendments and Transitional Provisions) Act 2013

3  Item 31 of Schedule 1

Omit “trusts”, substitute “trust”.

Fringe Benefits « Tax » Assessment Act 1986

4  Subsection 136(1) (subparagraph (b)(iii) of the definition of in-house residual fringe benefit )

Omit “property”, substitute “benefits”.

Fuel « Tax » Act 2006

5  Subsection 3-5(3) (table)

Repeal the table, substitute:

Common definitions that are not asterisked

Item

This term:

1

Commissioner

2

entity

3

fuel « tax »

4

fuel « tax » credit

5

indirect « tax » zone

« 6 »

taxable fuel

7

you

« 6 »   Subsections 41-5(1) and 41-10(1), (2) and (3)

Omit “Australia”, substitute “the indirect « tax » zone”.

7  Section 42-5

Omit “Australia”, substitute “the indirect « tax » zone”.

8  Paragraph 43-7(5)(a)

Omit “Australia”, substitute “the indirect « tax » zone”.

9  Section 110-5 (definition of Australia )

Repeal the definition.

10  Section 110-5

Insert:

indirect « tax » zone has the meaning given by section 195-1 of the * GST Act.

11  Section 110-5 (paragraph (d) of the definition of taxable fuel )

Omit “Australia”, substitute “the indirect « tax » zone”.

12  Application

The amendments of the Fuel « Tax » Act 2006 made by this Part apply to taxable fuel acquired, manufactured or imported on or after 1 July 2015.

Income « Tax » Assessment Act 1997

13  Section 13-1 (table item headed “primary production”)

Omit:

farm household allowance see social security and other benefit payments ..................................................





substitute:

farm household allowance see social security and other benefit payments





14  Section 13-1 (table item headed “social security and other benefit payments”)

Omit:

farm household allowance under the Farm Household Support Act 2014 see unemployment, sickness and other benefit payments under the Social Security Act 1991 ...........................................................................





substitute:

farm household allowance under the Farm Household Support Act 2014 see unemployment, sickness and other benefit payments under the Social Security Act 1991





15  Paragraph 25-110(1)(a)

Omit “ * carrying on”, substitute “carrying on”.

16  Paragraph 26-47(3)(b)

Omit “ * carry on”, substitute “carry on”.

17  Paragraph 30-242(3A)(b)

Omit “ * carrying on”, substitute “carrying on”.

18  Paragraph 35-5(1)(a)

Omit “ * carried on”, substitute “carried on”.

19  Subsection 35-5(2)

Omit “ * carrying on”, substitute “carrying on”.

20  Subsection 35-10(2A)

Omit “ * carry on”, substitute “carry on”.

21  Paragraph 35-10(2B)(a)

Omit “ * carry on”, substitute “carry on”.

22  Subsections 35-10(2C) and (2D)

Omit “ * carried on”, substitute “carried on”.

23  Paragraphs 40-880(1)(c) and (2)(b)

Omit “ * carried on”, substitute “carried on”.

24  Subsections 40-880(3) and (4)

Omit “ * carry on”, substitute “carry on”.

25  Subsection 40-880(7)

Omit “ * carried on”, substitute “carried on”.

26  Paragraph 41-20(1)(d)

Omit “ * carrying on”, substitute “carrying on”.

27  Subparagraph 83A-130(1)(a)(ii)

After “of the old company”, insert “or a * demerger subsidiary of the old company”.

28  Application

The « amendment » of section 83A-130 of the Income « Tax » Assessment Act 1997 made by this Part applies in relation to ESS interests acquired on or after 1 July 2009.

29  Section 104-5 (cell at table item dealing with CGT event K1, column headed “Event number and description”)

Omit “ * Kyoto unit or an * Australian carbon credit unit”, substitute “Kyoto unit or an Australian carbon credit unit”.

30  Section 112-97 (table item 18A, column headed “In this situation”)

Omit “ * Kyoto unit”, substitute “Kyoto unit”.

31  Subsection 219-30(1)

Omit “items 2 and 3”, substitute “items 2 and 2A”.

32  Subsection 316-65(1) (definitions of embedded value of the friendly society’s other business (if any) and market value of the friendly society’s health insurance business (if any) )

Omit “ * carried on”, substitute “carried on”.

33  Paragraphs 415-15(3)(b) and 415-20(1)(b) and (2)(b)

Omit “ * carries on”, substitute “carries on”.

34  Paragraph 415-20(4)(a)

Omit “ * carrying on”, substitute “carrying on”.

35  Subsection 995-1(1) (definition of available frankable profits )

Omit “give”, substitute “given”.

36  Subsection 995-1(1) (paragraph (a) of the definition of foreign resident life insurance policy )

Omit “ * carrying on”, substitute “carrying on”.

37  Subsection 995-1(1)

Insert:

taxable dealing , in relation to * wine, has the meaning given by section 33-1 of the * Wine « Tax » Act.

wine has the meaning given by Subdivision 31-A of the * Wine « Tax » Act.

38  Subsection 995-1(1) (definition of wine taxable dealing )

Repeal the definition.

Income « Tax » Rates Act 1986

39  Section 12B (the section 12B inserted by item 1 of Schedule 1 to the Income « Tax » Rates « Amendment » (Temporary Flood and Cyclone Reconstruction Levy) Act 2011 )

Renumber as section 12C.

Income « Tax » Rates « Amendment » (Temporary Flood and Cyclone Reconstruction Levy) Act 2011

40  Item 1 of Schedule 2 (heading)

Omit “ 12B ”, substitute “ 12C ”.

Minerals Resource Rent « Tax » (Consequential Amendments and Transitional Provisions) Act « 2012 »

41  Item 16 of Schedule 3

Omit “ * mining operations”, substitute “mining operations”.

Product Stewardship (Oil) Act 2000

42  After section 4

Insert:

4A   Alternative constitutional basis

             (1)  Without limiting its effect apart from this section, this Act also has effect as provided by this section.

             (2)  This Act also has the effect it would have if its operation in relation to product stewardship (oil) benefits were expressly confined to an operation limited to product stewardship (oil) benefits in relation to external affairs.

             (3)  This Act also has the effect it would have if its operation in relation to product stewardship (oil) benefits were expressly confined to an operation limited to product stewardship (oil) benefits in relation to taxation.

Superannuation (Government Co-contribution for Low Income Earners) Act 2003

43  Paragraph 16(1)(d)

Omit “approved form”, substitute “approved form,”.

44  Subsection 16(3)

Omit “the prescribed information”, substitute “a statement, in the approved form,”.

45  Paragraph 20(1)(d)

Omit “approved form”, substitute “approved form,”.

46  Subsection 20(3)

Omit “the prescribed information”, substitute “a statement, in the approved form,”.

« Tax » Agent Services Act 2009

47  Subparagraph 20-5(2)(c)(ii)

Omit “; and; or”, substitute “; or”.

48  Subparagraph 20-5(2)(c)(iii)

Omit “arrangements.”, substitute “arrangements; and”.

49  Subparagraph 20-5(3)(d)(ii)

Omit “; and; or”, substitute “; or”.

50  Subparagraph 20-5(3)(d)(iii)

Omit “arrangements.”, substitute “arrangements; and”.

Taxation Administration Act 1953

51  Subsection 12-390(4) in Schedule 1 (note)

After “If the recipient”, insert “is”.

52  Section 105-1 in Schedule 1

Omit “your address for service of documents and”.

53  Section 105-140 in Schedule 1

Repeal the section.

54  Application

The amendments of sections 105-1 and 105-140 in Schedule 1 to the Taxation Administration Act 1953 made by this Part apply on and after 1 July 2015.

55  Subsection 111-60(1) in Schedule 1

Omit “or a * wine taxable dealing”, substitute “, or a * taxable dealing in relation to * wine,”.

56  Paragraph 382-5(2)(c) in Schedule 1

Omit “ * wine taxable dealing”, substitute “ * taxable dealing, in relation to * wine,”.

57  Paragraph 426-55(1)(a) in Schedule 1

Repeal the paragraph, substitute:

                     (a)  at any time after the date of effect of the endorsement, the entity is not, or was not, entitled to be endorsed; or

58  Subsection 426-55(3) in Schedule 1

After “is not”, insert “, or was not,”.

59  Application of amendments

The amendments of section 426-55 in Schedule 1 to the Taxation Administration Act 1953 made by this Part apply to a decision, on or after the commencement of this Part, to revoke an endorsement (regardless of when the endorsement took effect).

Taxation (Deficit Reduction) Act ( « No » .  3) 1993

60  Subsection 2(3)

Repeal the subsection.

61  Division 4 of Part 2

Repeal the Division.

Taxation (Interest on Overpayments and Early Payments) Act 1983

62  Subparagraph 12A(1)(a)(i)

Omit “and subsection 204(3) of the « Tax » Act”, substitute “of the « Tax » Act or section 5-15 of the Income « Tax » Assessment Act 1997 ”.

63  Application

The « amendment » of section 12A of the Taxation (Interest on Overpayments and Early Payments) Act 1983 made by this Part is taken to have applied from the commencement of Schedule 1 to the « Tax » « Laws » « Amendment » (Transfer of Provisions) Act 2010 .

Treasury Legislation « Amendment » (Repeal Day) Act 2015

64  Item 73 of Schedule 2

Omit “Schedule”, substitute “Part of this Schedule”.

Part 2 Consequential amendments relating to the Public Governance, Performance and Accountability Act 2013

Australian Charities and Not-for-profits Commission Act « 2012 »

65  Section 110-15 (note)

Repeal the note, substitute:

Note:          The expenditure of relevant money (within the meaning of the Public Governance, Performance and Accountability Act 2013 )must comply with the requirements in that Act.

66  Section 115-30

Repeal the section, substitute:

115-30   Disclosure of interests

             (1)  A disclosure by the Commissioner under section 29 of the Public Governance, Performance and Accountability Act 2013 (which deals with the duty to disclose interests) must be made to the Minister.

             (2)  Subsection (1) applies in addition to any rules made for the purposes of that section.

             (3)  For the purposes of this Act and the Public Governance, Performance and Accountability Act 2013 , the Commissioner is taken not to have complied with section 29 of that Act if the Commissioner does not comply with subsection (1) of this section.

67  Paragraph 115-50(2)(c)

Repeal the paragraph, substitute:

                     (c)  the Commissioner fails, without reasonable excuse, to comply with section 29 of the Public Governance, Performance and Accountability Act 2013 (which deals with the duty to disclose interests) or rules made for the purposes of that section; or

68  Subsection 125-5(1)

Omit “(the Account )”.

69  Subsection 125-5(2)

Repeal the subsection, substitute:

             (2)  The account is a special account for the purposes of the Public Governance, Performance and Accountability Act 2013 .

70  Section 125-10 (heading)

Repeal the heading, substitute:

125-10   Credits to the account

71  Section 125-10

Omit “Account” (first, second and third occurring), substitute “account”.

72  Section 125-10 (note)

Omit “Special Account if any of the purposes of the Account”, substitute “special account if any of the purposes of the special account”.

73  Section 125-15 (heading)

Repeal the heading, substitute:

125-15   Purposes of the account

74  Section 125-15

Omit “Account” (first and second occurring), substitute “account”.

75  Section 125-15 (note)

Repeal the note, substitute:

Note:          See section 80 of the Public Governance, Performance and Accountability Act 2013 (which deals with special accounts).

76  Subsection 135-15(2) (note)

Repeal the note, substitute:

Note:          The expenditure of relevant money (within the meaning of the Public Governance, Performance and Accountability Act 2013 )must comply with the requirements in that Act.

77  Section 140-20

Repeal the section, substitute:

140-20   Disclosure of interests

             (1)  A disclosure by a member of the Advisory Board under section 29 of the Public Governance, Performance and Accountability Act 2013 (which deals with the duty to disclose interests) must be made to the Minister.

             (2)  Subsection (1) applies in addition to any rules made for the purposes of that section.

             (3)  For the purposes of this Act and the Public Governance, Performance and Accountability Act 2013 , t he member is taken not to have complied with section 29 of that Act if the member does not comply with subsection (1) of this section.

78  Subsections 145-5(5), ( « 6 ) and (7)

Repeal the subsections.

79  Subsection 175-70(2) (note 1)

Omit “Note 1”, substitute “Note”.

80  Subsection 175-70(2) (note 2)

Repeal the note.

81  Section 300-5 (definition of Account )

Repeal the definition.