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A New Tax System (Family Assistance) (Improved Access to Baby Bonus) Amendment Bill 2008

 

2008

 

The Parliament of the

Commonwealth of Australia

 

THE SENATE

 

 

 

 

Presented and read a first time

 

 

 

 

 

 

A New Tax System (Family Assistance) (Improved Access to Baby Bonus) Amendment Bill 2008

 

No.      , 2008

 

(Senator Stott Despoja )

 

 

 

A Bill for an Act to amend the A New Tax System (Family Assistance) Act 1999 to give all adopting parents access to baby bonus payments, and for related purposes

   

   



Contents

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

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

3............ Schedule(s)......................................................................................... 2

4............ Object.................................................................................................. 2

5............ Appropriation of funds....................................................................... 2

Schedule 1—Amendment of the A New Tax System (Family Assistance) Act 1999          3



A Bill for an Act to amend the A New Tax System (Family Assistance) Act 1999 to give all adopting parents access to baby bonus payments, and for related purposes

The Parliament of Australia enacts:

1   Short title

                   This Act may be cited as the A New Tax System (Family Assistance) (Improved Access to Baby Bonus) Amendment Act 2008 .

2   Commencement

This Act commences on the day on which it receives the Royal Assent.

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                   Each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.

  4  Object

The object of this Act is to permit all adoptive parents to become eligible for baby bonus payment.

5   Appropriation of funds

Any money payable under paragraph 36(5)(b) of the A New Tax System (Family Assistance) (Improved Access to Baby Bonus) Act 2008 is to be paid from moneys appropriated by the Parliament for that purpose.