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Education Legislation Amendment (Overseas Debt Recovery) Bill 2015

2013-2014-2015

 

The Parliament of the

Commonwealth of Australia

 

HOUSE OF REPRESENTATIVES

 

 

 

 

As passed by both Houses

 

 

 

 

Education Legislation Amendment (Overseas Debt Recovery) Bill 2015

 

No.      , 2015

 

 

 

 

 

A Bill for an Act to amend the Higher Education Support Act 2003 and the Trade Support Loans Act 2014 , and for other purposes

   

   



Contents

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

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

3............ Schedules............................................................................................ 3

Schedule 1—Repayment of accumulated HELP debts by overseas debtors          4

Part 1—Amendments                                                                                                     4

Higher Education Support Act 2003                                                                        4

Part 2—Application provisions                                                                                 8

Schedule 2—Repayment of accumulated TSL debts by overseas debtors               9

Part 1—Amendments                                                                                                     9

Trade Support Loans Act 2014                                                                                  9

Part 2—Application provisions                                                                               13

Schedule 3—Tax file numbers                                                                                      14

Higher Education Support Act 2003                                                                      14

Schedule 4—Confidentiality of taxpayer information                                   18

Taxation Administration Act 1953                                                                          18

Schedule 5—Other amendments                                                                                  19

Income Tax Assessment Act 1936                                                                             19

Income Tax Assessment Act 1997                                                                             19

 

 



A Bill for an Act to amend the Higher Education Support Act 2003 and the Trade Support Loans Act 2014 , and for other purposes

The Parliament of Australia enacts:

1   Short title

                   This Act may be cited as the Education Legislation Amendment (Overseas Debt Recovery) Act 2015 .

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

Provisions

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

The later of:

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

(b) 1 January 2016.

 

3.  Schedule 2, items 1 to 3

The later of:

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

(b) 1 January 2016.

 

4.  Schedule 2, item 4

The later of:

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

(b) 1 January 2016.

However, if item 124 of Schedule 2 to the Social Services and Other Legislation Amendment (Student Measures) Act 2015 commences before the day after this Act receives the Royal Assent, the provision does not commence at all.

 

5.  Schedule 2, item 5

The later of:

(a) immediately after the commencement of the provisions covered by table item 2; and

(b) immediately after the commencement of item 124 of Schedule 2 to the Social Services and Other Legislation Amendment (Student Measures) Act 2015 .

However, the provisions do not commence at all if the event mentioned in paragraph (b) does not occur.

 

6.  Schedule 2, items 6 to 10

The later of:

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

(b) 1 January 2016.

 

7.  Schedule 3

The later of:

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

(b) 1 January 2016.

 

8.  Schedule 4

The day this Act receives the Royal Assent.

 

9.  Schedule 5

The later of:

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

(b) 1 January 2016.

 

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   Schedules

                   Legislation 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.