

- Title
Tax Laws Amendment (2012 Measures No. 5) Bill 2012
- Database
Explanatory Memoranda
- Date
06-02-2013 07:37 PM
- Source
House of Reps
- System Id
legislation/ems/r4891_ems_3c91c6f3-0a20-4f2f-9590-a2f02919892a
Bill home page
2010-2011-2012
THE PARLIAMENT OF THE COMMONWEALTH OF AUSTRALIA
HOUSE OF REPRESENTATIVES
tax laws amendment (2012 Measures No. 5) Bill 2012
SUPPLEMENTARY EXPLANATORY MEMORANDUM
Amendments to be moved on behalf of the Government.
Explanation of amendments
Amendment 1 omits Clause 2 of the Bill and substitutes another clause. Clause 2 contains the commencement provisions. As a consequence of the omission of Schedules 3 and 4 of the Bill their respective commencement provisions are omitted. The remaining schedules will all commence on the day the Act receives Royal Assent.
Amendment 2 omits Schedule 3, which provides for a compliance regime for gaseous fuels subject to excise.
Amendment 3 omits Schedule 4, which deals with exempting certain blending of fuels from the scope of excise manufacture.
(Circulated by the
authority of the
Deputy Prime Minister and Treasurer, the Hon Wayne Swan
MP)