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Schedule 5—Spent and redundant legislation

Schedule 5 Spent and redundant legislation

Part 1 Repeals

Repeal of Acts

Repeal the following Acts:

AUSSAT Repeal Act 1991

Australian Broadcasting Corporation Amendment Act 1993

Australian Postal Corporation Amendment Act 1994

Broadcasting Amendment Act 1987

Broadcasting Amendment Act 1990

Broadcasting Amendment Act 1991

Broadcasting Amendment Act (No. 2) 1987

Broadcasting Amendment Act (No. 2) 1990

Broadcasting Amendment Act (No. 2) 1991

Broadcasting Amendment Act (No. 3) 1987

Broadcasting Amendment Act (No. 4) 1987

Broadcasting and Television Amendment Act 1980

Broadcasting and Television Amendment Act 1982

Broadcasting and Television Amendment Act 1984

Broadcasting and Television Amendment Act 1985

Broadcasting and Television Legislation Amendment Act 1985

Broadcasting and Television Legislation Amendment Act 1986

Broadcasting (Foreign Ownership) Amendment Act 1990

Broadcasting (Ownership and Control) Act 1987

Broadcasting (Ownership and Control) Act 1988

Broadcasting Services Amendment Act 1997

Broadcasting Services Legislation Amendment Act 1997

Broadcasting Stations Licence Fees Act 1981

Broadcasting Stations Licence Fees Amendment Act 1983

Broadcasting Stations Licence Fees Amendment Act 1985

National Transmission Network Sale (Consequential Amendments) Act 1998

NRS Levy Imposition Amendment Act 1999

Radiocommunications (Miscellaneous Provisions) Act 1982

Radiocommunications (Receiver Licence Tax) Amendment Act 1992

Radiocommunications (Receiver Licence Tax) Amendment Act 1997

Radiocommunications (Test Permit Tax) Amendment Act 1992

Radiocommunications (Transmitter Licence Tax) Amendment Act 1992

Radiocommunications (Transmitter Licence Tax) Amendment Act 1997

Radio Licence Fees Amendment Act 1987

Radio Licence Fees Amendment Act 1991

Radio Licence Fees Amendment Act (No. 2) 1987

Satellite Communications Amendment Act 1988

Telecommunications Amendment Act 1994

Telecommunications Amendment Act 1998

Telecommunications (Carrier Licence Fees) Amendment Act 1995

Telecommunications (Carrier Licence Fees) Amendment Act 1996

Telecommunications (Carrier Licence Fees) Termination Act 1997

Telecommunications Laws Amendment (Universal Service Cap) Act 1999

Telecommunications Legislation Amendment Act 1997

Telecommunications (Universal Service Levy) Amendment Act 1999

Television Broadcasting Services (Digital Conversion) Act 1998

Television Licence Fees Amendment Act 1987

Television Licence Fees Amendment Act (No. 2) 1987

Television Licence Fees Amendment Act (No. 3) 1987

Television Stations Licence Fees Act 1981

Television Stations Licence Fees Amendment Act 1983

Television Stations Licence Fees Amendment Act 1985

Telstra (Transition to Full Private Ownership) Act 2005

Part 2 Other amendments

Competition and Consumer Act 2010

2  Sections 152ELB and 152EOA

Repeal the sections.

National Transmission Network Sale Act 1998

3  Part 5

Repeal the Part.

4  Sections 25 and 27

Repeal the sections.

Telecommunications Act 1997

5  Section 582

After:

•      The Minister may make grants of financial assistance for purposes in connection with research into the social, economic, environmental or technological implications of developments relating to telecommunications.

insert:

•      Losses incurred by Optus Networks before 1 February 1992 may not be claimed as deductions.

6  After section 593

Insert:

593A   Removal of Optus Networks’ tax losses

             (1)  This section applies in relation to Optus Networks Pty Limited (ACN 008 570 330) ( Optus Networks ) (whether or not its name is changed).

             (2)  Optus Networks cannot deduct from its assessable income for a year of income ending on or after 1 February 1992 a loss (or a part of a loss) incurred in a year of income ending on or before 1 February 1992.

             (3)  Subsection (2) has effect despite anything in the Income Tax Assessment Act 1936 , in particular, sections 79E, 79F, 80, 80AAA and 80AA of that Act as in force before 14 September 2006.

             (4)  Optus Networks cannot deduct from its assessable income for the 1997-98 income year, or a later income year, a tax loss (or a part of a tax loss) incurred in an income year ending on or before 1 February 1992.

             (5)  Subsection (4) has effect despite anything in the Income Tax Assessment Act 1997 , in particular Division 36 of that Act.

             (6)  An expression has the same meaning in this section as it has in the Income Tax Assessment Act 1936 or the Income Tax Assessment Act 1997 .

Telstra Corporation Act 1991

7  Section 3 (definition of designated day )

Omit “the day declared under section 3 of the Telstra (Transition to Full Private Ownership) Act 2005 ”, substitute “24 November 2006”.

8  Paragraph 3B(1)(b)

Omit “the commencement of Part 1 of Schedule 1 to the Telstra (Transition to Full Private Ownership) Act 2005 ”, substitute “23 September 2005”.