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Infrastructure Australia Amendment Bill 2013

2013

 

The Parliament of the

Commonwealth of Australia

 

HOUSE OF REPRESENTATIVES

 

 

 

 

Presented and read a first time

 

 

 

 

Infrastructure Australia Amendment Bill 2013

 

No.      , 2013

 

(Infrastructure and Regional Development)

 

 

 

A Bill for an Act to amend the Infrastructure Australia Act 2008 , and for other purposes

   

   



Contents

1............ Short title............................................................................................. 1

2............ Commencement................................................................................... 1

3............ Schedule(s)......................................................................................... 2

Schedule 1—Amendments                                                                                                 3

Part 1—Amendments relating to Infrastructure Australia and the Infrastructure Coordinator   3

Infrastructure Australia Act 2008                                                                             3

Part 2—Consequential amendments                                                                     21

Income Tax Assessment Act 1997                                                                             21

Schedule 2—Transitional and savings provisions                                             28

Part 1—Introduction                                                                                                    28

Part 2—Transfer of certain assets and liabilities                                             30

Part 3—Transfer of other matters                                                                          32

Part 4—Infrastructure Australia Special Account                                         34

Part 5—Reporting obligation                                                                                   35

Part 6—Officeholders                                                                                                  36

Part 7—Provisions relating to Division 415 of the Income Tax Assessment Act 1997    37

Part 8—Miscellaneous                                                                                                 39

 

 



A Bill for an Act to amend the Infrastructure Australia Act 2008 , and for other purposes

The Parliament of Australia enacts:

1   Short title

                   This Act may be cited as the Infrastructure Australia Amendment Act 2013 .

2   Commencement

             (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.

 

Commencement information

Column 1

Column 2

Column 3

Provision(s)

Commencement

Date/Details

1.  Sections 1 to 3 and anything in this Act not elsewhere covered by this table

The day this Act receives the Royal Assent.

 

2.  Schedule 1

A single day to be fixed by Proclamation.

However, if the provision(s) do not commence within the period of 6 months beginning on the day this Act receives the Royal Assent, they commence on the day after the end of that period.

 

3.  Schedule 2, Part 1

The day this Act receives the Royal Assent.

 

4.  Schedule 2, Parts 2 to 4

At the same time as the provision(s) covered by table item 2.

 

5.  Schedule 2, Part 5

The day this Act receives the Royal Assent.

 

6.  Schedule 2, Parts 6 to 8

At the same time as the provision(s) covered by table item 2.

 

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.

3   Schedule(s)

                   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.