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Clean Energy Legislation (Carbon Tax Repeal) Bill 2013 [No. 2]

2013

 

The Parliament of the

Commonwealth of Australia

 

HOUSE OF REPRESENTATIVES

 

 

 

 

Presented and read a first time

 

 

 

 

Clean Energy Legislation (Carbon Tax Repeal) Bill 2013

 

No.      , 2013

 

(Environment)

 

 

 

A Bill for an Act to repeal the Clean Energy Act 2011 , and for other purposes

   

   



Contents

 

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

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

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

Schedule 1—Repeal of the carbon tax                                                                       4

Part 1—Repeal of Acts                                                                                                 4

Clean Energy Act 2011                                                                                               4

Clean Energy (Charges—Customs) Act 2011                                                         4

Clean Energy (Charges—Excise) Act 2011                                                             4

Clean Energy (Unit Issue Charge—Auctions) Act 2011                                       4

Clean Energy (Unit Issue Charge—Fixed Charge) Act 2011                              4

Clean Energy (Unit Shortfall Charge—General) Act 2011                                 4

Part 2—Amendments                                                                                                     5

A New Tax System (Goods and Services Tax) Act 1999                                         5

Anti-Money Laundering and Counter-Terrorism Financing Act 2006              6

Australian National Registry of Emissions Units Act 2011                                 6

Australian Securities and Investments Commission Act 2001                           14

Clean Energy Regulator Act 2011                                                                          15

Corporations Act 2001                                                                                              18

Fuel Tax Act 2006                                                                                                      19

Fuel Tax (Consequential and Transitional Provisions) Act 2006                    26

Income Tax Assessment Act 1997                                                                             26

National Greenhouse and Energy Reporting Act 2007                                      30

Ozone Protection and Synthetic Greenhouse Gas Management Act 1989     41

Petroleum Resource Rent Tax Assessment Act 1987                                            42

Taxation Administration Act 1953                                                                          42

Part 3—Application and transitional provisions                                             43

Division 1—Preliminary                                                                                             43

Division 2—Provisions relating to the Clean Energy Act 2011 and associated charge Acts               45

Division 3—Provisions relating to other Acts                                                         53

Division 4—Miscellaneous                                                                                        60

Division 5—Transitional provisions commencing on Royal Assent                 61

Part 4—Jobs and Competitiveness Program                                                     64

Division 1—Preliminary                                                                                             64

Division 2—Reporting requirements                                                                       65

Division 3—Issue of additional free carbon units                                                66

Division 4—True-up shortfalls                                                                                 67

Division 5—Collection of levy                                                                                 69

Division 6—Miscellaneous                                                                                        70

Schedule 2—Price exploitation in relation to the carbon tax repeal      71

Competition and Consumer Act 2010                                                                    71

Schedule 3—Repeal of tax offset for conservation tillage                            91

Clean Energy (Consequential Amendments) Act 2011                                       91

Income Tax Assessment Act 1997                                                                             91

Schedule 4—Repeal of the Steel Transformation Plan Act 2011            92

Steel Transformation Plan Act 2011                                                                      92

Schedule 5—Australian Renewable Energy Agency’s finances               93

Australian Renewable Energy Agency Act 2011                                                  93

 



A Bill for an Act to repeal the Clean Energy Act 2011 , and for other purposes

The Parliament of Australia enacts:

1   Short title

                   This Act may be cited as the Clean Energy Legislation (Carbon Tax Repeal) 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, Parts 1 and 2

1 July 2014.

1 July 2014

3.  Schedule 1, Part 3, Divisions 1 to 4

1 July 2014.

1 July 2014

4.  Schedule 1, Part 3, Division 5

The day this Act receives the Royal Assent.

 

5.  Schedule 1, Part 4

The day after this Act receives the Royal Assent.

However, if this Act receives the Royal Assent before 30 June 2014, the provision(s) commence on 1 July 2014.

 

6.  Schedule 2

The later of:

(a) the day after this Act receives the Royal Assent; and

(b) 1 January 2014.

 

7.  Schedule 3

The day after this Act receives the Royal Assent.

 

8.  Schedule 4

1 July 2014.

1 July 2014

9.  Schedule 5

The day this Act receives the Royal Assent.

 

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.