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Bill
- Schedule 1—Minerals resource rent tax
- Schedule 2—Loss carry back
- Schedule 3—Small business instant asset write-off threshold
- Schedule 4—Deductions for motor vehicles
- Schedule 5—Geothermal energy
- Schedule 6—Superannuation Guarantee Charge percentage
- Schedule 7—Low income superannuation contribution
- Schedule 8—Repeal of income support bonus
- Schedule 9—Repeal of schoolkids bonus
The Parliament of the
Commonwealth of Australia
HOUSE OF REPRESENTATIVES
Presented and read a first time
Minerals Resource Rent Tax Repeal and Other Measures Bill 2013
No. , 2013
(Treasury)
A Bill for an Act to amend the law relating to taxation, superannuation, social security and family assistance, and for other purposes
Contents
1............ Short title............................................................................................. 1
2............ Commencement................................................................................... 1
3............ Schedule(s)......................................................................................... 2
Schedule 1—Minerals resource rent tax 3
Part 1—Repeals 3
Minerals Resource Rent Tax Act 2012 3
Minerals Resource Rent Tax (Imposition—Customs) Act 2012 3
Minerals Resource Rent Tax (Imposition—Excise) Act 2012 3
Minerals Resource Rent Tax (Imposition—General) Act 2012 3
Part 2—Consequential amendments 4
Administrative Decisions (Judicial Review) Act 1977 4
A New Tax System (Goods and Services Tax) Act 1999 4
Crimes (Taxation Offences) Act 1980 4
Income Tax Assessment Act 1997 5
Minerals Resource Rent Tax (Consequential Amendments and Transitional Provisions) Act 2012 9
Petroleum Resource Rent Tax Assessment Act 1987 9
Tax and Superannuation Laws Amendment (2013 Measures No. 1) Act 2013 11
Taxation Administration Act 1953 11
Taxation (Interest on Overpayments and Early Payments) Act 1983 17
Part 3—General transitional provisions 19
Part 4—Specific transitional provisions 20
Schedule 2—Loss carry back 21
Part 1—Repeals 21
Income Tax Assessment Act 1997 21
Income Tax (Transitional Provisions) Act 1997 21
Part 2—Consequential amendments 22
Income Tax Assessment Act 1936 22
Income Tax Assessment Act 1997 23
Taxation Administration Act 1953 25
Part 3—Application, transitional and saving provisions 26
Income Tax (Transitional Provisions) Act 1997 26
Schedule 3—Small business instant asset write-off threshold 28
Income Tax Assessment Act 1997 28
Schedule 4—Deductions for motor vehicles 30
Income Tax Assessment Act 1997 30
Schedule 5—Geothermal energy 31
Income Tax Assessment Act 1997 31
Schedule 6—Superannuation Guarantee Charge percentage 36
Superannuation Guarantee (Administration) Act 1992 36
Schedule 7—Low income superannuation contribution 37
Superannuation (Government Co-contribution for Low Income Earners) Act 2003 37
Schedule 8—Repeal of income support bonus 40
Part 1—Main amendments 40
Social Security Act 1991 40
Social Security (Administration) Act 1999 40
Part 2—Consequential amendments 42
Farm Household Support Act 1992 42
Income Tax Assessment Act 1997 42
Social Security Act 1991 43
Social Security (Administration) Act 1999 43
Part 3—Saving provisions 44
Schedule 9—Repeal of schoolkids bonus 46
Part 1—Amendments 46
A New Tax System (Family Assistance) Act 1999 46
A New Tax System (Family Assistance) (Administration) Act 1999 47
Income Tax Assessment Act 1997 48
Social Security (Administration) Act 1999 48
Part 2—Saving provisions 49
A Bill for an Act to amend the law relating to taxation, superannuation, social security and family assistance, and for other purposes
The Parliament of Australia enacts:
This Act may be cited as the Minerals Resource Rent Tax Repeal and Other Measures Act 2013 .
(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 |
Provision(s) |
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 2014. |
1 July 2014 |
3. Schedules 2 to 9 |
The day 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.
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.