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The Parliament of the
Commonwealth of Australia
HOUSE OF REPRESENTATIVES
Presented and read a first time
Tax Laws Amendment (2012 Measures No. 3) Bill 2012
No. , 2012
(Treasury)
A Bill for an Act to amend the law relating to taxation, and for related purposes
Contents
1............ Short title............................................................................................. 1
2............ Commencement................................................................................... 1
3............ Schedule(s)......................................................................................... 2
Schedule 1—Seasonal Labour Mobility Program 3
Income Tax Assessment Act 1936 3
Income Tax Assessment Act 1997 3
Income Tax (Transitional Provisions) Act 1997 7
Taxation Administration Act 1953 7
Schedule 2—Excise exemptions for certain blends of gaseous fuels and aviation fuels 12
Excise Act 1901 12
Excise Tariff Act 1921 13
Schedule 3—Low-income taxpayer rebate 14
Income Tax Assessment Act 1936 14
Schedule 4—Clean energy payments 15
Income Tax Assessment Act 1997 15
Schedule 5—Better targeting of the employment termination payment tax offset 18
Income Tax Assessment Act 1997 18
A Bill for an Act to amend the law relating to taxation, and for related purposes
The Parliament of Australia enacts:
This Act may be cited as the Tax Laws Amendment (2012 Measures No. 3) Act 2012 .
(1) Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.
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Commencement information |
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Column 1 |
Column 2 |
Column 3 |
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Provision(s) |
Commencement |
Date/Details |
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1. Sections 1 to 3 and anything in this Act not elsewhere covered by this table |
The day this Act receives the Royal Assent. |
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2. Schedule 1 |
The later of: (a) the day this Act receives the Royal Assent; and (b) the day the Income Tax (Seasonal Labour Mobility Program Withholding Tax) Act 2012 receives the Royal Assent. However, the provision(s) do not commence at all if the event mentioned in paragraph (b) does not occur. |
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3. Schedules 2 to 4 |
The day this Act receives the Royal Assent. |
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4. Schedule 5 |
1 July 2012. |
1 July 2012 |
Note: This table relates only to the provisions of this Act as originally enacted. It will not be amended to deal with any later amendments of this Act.
(2) Any information in column 3 of the table is not part of this Act. Information may be inserted in this column, or information in it may be edited, in any published version of this Act.
Each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.