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Budget Savings (Omnibus) Bill 2016

2016

 

The Parliament of the

Commonwealth of Australia

 

HOUSE OF REPRESENTATIVES

 

 

 

 

As passed by both Houses

 

 

 

 

Budget Savings (Omnibus) Bill 2016

 

No.      , 2016

 

 

 

 

 

A Bill for an Act relating to budget savings, and for other purposes

   

   



Contents

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

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

3............ Schedules............................................................................................ 4

Schedule 1—Minimum repayment income for HELP debts                        5

Higher Education Support Act 2003                                                                        5

Schedule 2—Indexation of higher education support amounts                  8

Higher Education Support Act 2003                                                                        8

Schedule 3—Removal of HECS-HELP benefit                                                  10

Higher Education Support Act 2003                                                                      10

Income Tax Assessment Act 1997                                                                             12

Schedule 4—Job commitment bonus                                                                        14

Part 1—Main amendments                                                                                        14

Social Security Act 1991                                                                                           14

Social Security (Administration) Act 1999                                                            14

Part 2—Consequential amendments                                                                     15

Farm Household Support Act 2014                                                                        15

Income Tax Assessment Act 1997                                                                             15

Part 3—Saving and transitional provisions                                                       16

Schedule 5—Australian Renewable Energy Agency’s finances               18

Australian Renewable Energy Agency Act 2011                                                  18

Schedule 6—Indexation of private health insurance thresholds              19

Private Health Insurance Act 2007                                                                         19

Schedule 7—Abolishing the National Health Performance Authority 20

Part 1—Amendments                                                                                                   20

National Health Reform Act 2011                                                                           20

Part 2—Application and transitional provisions                                             23

Division 1—Interpretation                                                                                        23

Division 2—Transfer of assets and liabilities                                                         24

Division 3—Transfer of other matters                                                                    25

Division 4—Annual reporting obligation                                                                28

Division 5—Disclosure and use of information                                                    29

Division 6—Miscellaneous                                                                                        30

Schedule 8—Aged care                                                                                                      33

Part 1—Compliance                                                                                                      33

Aged Care Act 1997                                                                                                   33

Part 2—Adviser and administrator panels                                                         42

Aged Care Act 1997                                                                                                   42

Part 3—Approved provider obligations                                                              45

Aged Care Act 1997                                                                                                   45

Schedule 10—Newly arrived resident’s waiting period                                 46

Part 1—Social security amendments                                                                    46

Social Security Act 1991                                                                                           46

Social Security Legislation Amendment (Newly Arrived Resident’s Waiting Periods and Other Measures) Act 1997                                                                                                                                        64

Part 2—Farm household support amendments                                               66

Farm Household Support Act 2014                                                                        66

Schedule 11—Student start-up scholarships                                                        68

Social Security Act 1991                                                                                           68

Social Security (Administration) Act 1999                                                            69

Student Assistance Act 1973                                                                                    70

Schedule 12—Interest charge                                                                                        72

Part 1—Amendments                                                                                                   72

A New Tax System (Family Assistance) (Administration) Act 1999                  72

Paid Parental Leave Act 2010                                                                                 78

Social Security Act 1991                                                                                           86

Student Assistance Act 1973                                                                                    93

Veterans’ Entitlements Act 1986                                                                           100

Part 2—Application, saving and transitional provisions                           102

Schedule 13—Debt recovery                                                                                        106

Part 1—Departure prohibition orders                                                                 106

A New Tax System (Family Assistance) Act 1999                                               106

A New Tax System (Family Assistance) (Administration) Act 1999                106

Paid Parental Leave Act 2010                                                                               116

Social Security Act 1991                                                                                         127

Student Assistance Act 1973                                                                                  138

Part 2—Removal of 6-year limit on debt recovery                                     149

A New Tax System (Family Assistance) (Administration) Act 1999                149

Paid Parental Leave Act 2010                                                                               149

Social Security Act 1991                                                                                         150

Student Assistance Act 1973                                                                                  151

Schedule 14—Parental leave payments                                                                 153

Part 1—Parental leave pay and dad and partner pay to count as income                153

Social Security Act 1991                                                                                         153

Veterans’ Entitlements Act 1986                                                                           153

Part 2—Parental leave pay and dad and partner pay deductions to avoid overpayments              154

Paid Parental Leave Act 2010                                                                               154

Schedule 15—Fringe benefits                                                                                      158

A New Tax System (Family Assistance) Act 1999                                               158

Income Tax Assessment Act 1936                                                                           158

Social Security Act 1991                                                                                         159

Schedule 16—Carer allowance                                                                                   163

Social Security (Administration) Act 1999                                                          163

Schedule 17—Indexation of family tax benefit and parental leave thresholds      164

A New Tax System (Family Assistance) Act 1999                                               164

Paid Parental Leave Act 2010                                                                               164

Schedule 18—Pension means testing for aged care residents                  165

Social Security Act 1991                                                                                         165

Veterans’ Entitlements Act 1986                                                                           166

Schedule 19—Employment income                                                                          168

A New Tax System (Family Assistance) Act 1999                                               168

Social Security Act 1991                                                                                         168

Schedule 21—Closing carbon tax compensation to new welfare recipients            169

Part 1—Energy supplement under the family assistance law                169

A New Tax System (Family Assistance) Act 1999                                               169

Part 2—Energy supplement under the social security law                      176

Social Security Act 1991                                                                                         176

Part 4—Energy supplement under the Veterans’ Entitlements Act   180

Veterans’ Entitlements Act 1986                                                                           180

Part 6—Telephone allowance                                                                                 185

Social Security Act 1991                                                                                         185

Social Security (Administration) Act 1999                                                          185

Part 7—Single income family supplement                                                       187

A New Tax System (Family Assistance) Act 1999                                               187

Schedule 21A—Income limit for FTB Part A supplement                        188

A New Tax System (Family Assistance) Act 1999                                               188

Schedule 22—Rates of R&D tax offset                                                                  189

Income Tax Assessment Act 1997                                                                           189

Schedule 23—Single touch payroll reporting                                                     190

Part 1—Reporting by employers                                                                          190

Division 1—Main amendments                                                                             190

Taxation Administration Act 1953                                                                        190

Division 2—Other amendments                                                                             196

Income Tax Assessment Act 1997                                                                           196

Taxation Administration Act 1953                                                                        196

Taxation (Interest on Overpayments and Early Payments) Act 1983             202

Division 3—Application                                                                                          203

Part 2—Choice of fund                                                                                             205

Superannuation Guarantee (Administration) Act 1992                                   205

Taxation Administration Act 1953                                                                        206

Part 3—TFN declarations                                                                                        208

Income Tax Assessment Act 1936                                                                           208

Superannuation Industry (Supervision) Act 1993                                             208

Part 4—TFN validation                                                                                             210

Income Tax Assessment Act 1936                                                                           210

Schedule 24—Single appeal path under the Military Rehabilitation and Compensation Act     212

Military Rehabilitation and Compensation Act 2004                                      212

 

 



A Bill for an Act relating to budget savings, and for other purposes

The Parliament of Australia enacts:

1   Short title

                   This Act is the Budget Savings (Omnibus) Act 2016 .

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

1 July 2018.

1 July 2018

3.  Schedule 2

1 January 2018.

1 January 2018

4.  Schedule 3

1 July 2017.

1 July 2017

5.  Schedule 4

The later of:

(a) 1 January 2017; and

(b) the day after this Act receives the Royal Assent.

 

6.  Schedules 5 and 6

The day after this Act receives the Royal Assent.

 

7.  Schedule 7

A single day to be fixed by Proclamation.

However, if the provisions 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.

 

8.  Schedule 8, Part 1

A day or days to be fixed by Proclamation.

However, if any of the provisions 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.

 

9.  Schedule 8, Part 2

The day after this Act receives the Royal Assent.

 

10.  Schedule 8, Part 3

The 28th day after this Act receives the Royal Assent.

 

12.  Schedule 10

As follows:

(a) if this Act receives the Royal Assent before 1 January 2017—1 January 2017;

(b) if this Act receives the Royal Assent on or after 1 January 2017—the first 1 January, 1 April, 1 July or 1 October to occur after the day this Act receives the Royal Assent.

 

13.  Schedule 11

As follows:

(a) if this Act receives the Royal Assent before 1 January 2017—1 July 2017;

(b) if this Act receives the Royal Assent on or after 1 January 2017—the first 1 January or 1 July to occur after the day this Act receives the Royal Assent.

 

14.  Schedule 12

As follows:

(a) if this Act receives the Royal Assent before 1 January 2017—1 January 2017;

(b) if this Act receives the Royal Assent on or after 1 January 2017—the 28th day after this Act receives the Royal Assent.

 

15.  Schedule 13

The later of:

(a) 1 January 2017; and

(b) the day after this Act receives the Royal Assent.

 

16.  Schedule 14

The first 1 January, 1 April, 1 July or 1 October to occur after the day this Act receives the Royal Assent.

 

17.  Schedule 15

The first 1 January or 1 July to occur after the day this Act receives the Royal Assent.

 

18.  Schedule 16

The later of:

(a) 1 January 2017; and

(b) the day after this Act receives the Royal Assent.

 

19.  Schedule 17

The day this Act receives the Royal Assent.

 

20.  Schedule 18

The first 1 January or 1 July to occur after the day this Act receives the Royal Assent.

 

21.  Schedule 19

1 July 2018.

1 July 2018

23.  Schedule 21, Parts 1 to 6

20 March 2017.

20 March 2017

24.  Schedule 21, Part 7

1 July 2017.

1 July 2017

24A.  Schedule 21A

1 July 2016.

1 July 2016

25.  Schedules 22 and 23

The first 1 January, 1 April, 1 July or 1 October to occur after the day this Act receives the Royal Assent.

 

26.  Schedule 24

The later of:

(a) 1 January 2017; and

(b) the day after 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   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.