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A New Tax System (Trade Practices Amendment) Bill 2000

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1998-1999-2000

 

 

The Parliament of the

Commonwealth of Australia

 

 

HOUSE OF REPRESENTATIVES

 

 

 

A New Tax System (Trade Practices Amendment) Bill 2000

 

 

Amendments to be moved by Mr Crean.

(1)     Schedule 1, page 3 (after line 7), insert:

1A  Section 75AT, insert:

                   taxable supply has the same meaning as in A New Tax System (Goods and Services Tax) Act 1999.

(2)     Schedule 1, page 3 (after line 7), add:

1B  After Subsection 75AU(2) add:

             (3)  To assist in minimising price exploitation, when a corporation provides a consumer with a receipt or docket issued in respect of a taxable supply the receipt or docket must separately include:

                     (a)  the price of the goods or services excluding the GST;

                     (b)  the amount of the GST; and

                     (c)  the total price including the GST.



 

(3)     Schedule 1, page 3 (after line 24), add:

2B  After Subsection 75AZ(4), insert:

          (4A)  The Minister must cause a copy of each report received under subsection (1) to be tabled in each House of the Parliament within 5 sitting days of that House after the day on which the Minister receives the report;

          (4B)  On presentation of a copy of each report in the House of Representatives under subsection (4A), the report shall stand referred to the House of Representatives Standing Committee on Economics, Finance and Public Administration; and

          (4C)  As soon as practicable after the report has been received by the House of Representatives Standing Committee on Economics, Finance and Public Administration under subsection (4B), the Chairperson as a representative of the Commission must appear before the Committee at a public hearing, in accordance with arrangements agreed to by the Committee, to give evidence in connection with the report.

(4)     Schedule 1, page 6 (after line 5), insert:

8A  Section 75AT of Part 2 of the Schedule, insert:

                   taxable supply has the same meaning as in A New Tax System (Goods and Services Tax) Act 1999.

(5)     Schedule 1, page 6 (after line 5), add:

8B  After subsection 75AU(2) of Part 2 of the Schedule add:

             (3)  To assist in minimising price exploitation, when a corporation provides a consumer with a receipt or docket issued in respect of a taxable supply the receipt or docket must separately include:

                     (a)  the price of the goods or services excluding the GST;

                     (b)  the amount of the GST; and

                     (c)  the total price including the GST.

 



 

(6)     Schedule 1, page 6 (after line 22), add:

11  After Subsection 75AZ(4) of Part 3 of the Schedule insert:

          (4A)  The Minister must cause a copy of each report received under subsection (1) to be tabled in each House of the Parliament within 5 sitting days of that House after the day on which the Minister receives the report;

          (4B)  On presentation of a copy of each report in the House of Representatives under subsection (4A), the report shall stand referred to the House of Representatives Standing Committee on Economics, Finance and Public Administration; and

          (4C)  As soon as practicable after the report has been received by the House of Representatives Standing Committee on Economics, Finance and Public Administration under subsection (4B), the Chairperson as a representative of the Commission must appear before the Committee at a public hearing, in accordance with arrangements agreed to by the Committee, to give evidence in connection with the report.

 

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