Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
Coronavirus Economic Response Package Omnibus (Measures No. 2) Bill 2020

2019-2020

 

The Parliament of the

Commonwealth of Australia

 

HOUSE OF REPRESENTATIVES

 

 

 

 

Presented and read a first time

 

 

 

 

Coronavirus Economic Response Package Omnibus (Measures No. 2) Bill 2020

 

No.      , 2020

 

(Treasury)

 

 

 

A Bill for an Act to provide an economic response, and deal with other matters, relating to the coronavirus, and for other purposes

   

   



Contents

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

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

3............ Schedules............................................................................................ 3

Schedule 1—Amendment of the Fair Work Act 2009                                      4

Part 1—Amendments                                                                                                     4

Fair Work Act 2009                                                                                                      4

Part 2—Repeal of the core provisions of Part 6-4C of the Fair Work Act 2009 etc.        23

Fair Work Act 2009                                                                                                    23

Schedule 2—Payment Acts consequential amendments                                24

Part 1—Coronavirus economic response payments                                      24

Income Tax Assessment Act 1936                                                                             24

Income Tax Assessment Act 1997                                                                             24

Social Security Act 1991                                                                                           25

Taxation Administration Act 1953                                                                          25

Veterans’ Entitlements Act 1986                                                                             27

Part 2—Paid Parental Leave                                                                                     28

Paid Parental Leave Act 2010                                                                                 28

Part 3—Cash flow boosts                                                                                          30

Boosting Cash Flow for Employers (Coronavirus Economic Response Package) Act 2020             30

Part 4—Modifications of provisions relating to the social security law   31

Coronavirus Economic Response Package Omnibus Act 2020                         31

Schedule 3—Guarantee of lending to small and medium enterprises 32

Guarantee of Lending to Small and Medium Enterprises (Coronavirus Economic Response Package) Act 2020       32

Schedule 4—Amendments to support the child care sector                        33

Part 1—Review of certain CCS decisions                                                         33

A New Tax System (Family Assistance) (Administration) Act 1999                  33

Part 2—Appropriation                                                                                                 35

A New Tax System (Family Assistance) (Administration) Act 1999                  35

Part 3—Limits on grant payments made out of standing appropriation   36

A New Tax System (Family Assistance) (Administration) Act 1999                  36

Schedule 5—Modification of information and other requirements       37

Schedule 6—Additional support for veterans etc.                                            39

Schedule 7—Tax secrecy                                                                                                  42

Part 1—Tax secrecy exception                                                                                42

Taxation Administration Act 1953                                                                          42

Part 2—Repeal of tax secrecy exception                                                            43

Taxation Administration Act 1953                                                                          43

 



A Bill for an Act to provide an economic response, and deal with other matters, relating to the coronavirus, and for other purposes

The Parliament of Australia enacts:

1   Short title

                   This Act is the Coronavirus Economic Response Package Omnibus (Measures No. 2) Act 2020 .

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, Part 1

The day this Act receives the Royal Assent.

 

3.  Schedule 1, Part 2

28 September 2020.

28 September 2020

4.  Schedule 2, Parts 1 to 3

At the same time as section 3 of the Coronavirus Economic Response Package (Payments and Benefits) Act 2020 commences.

 

5.  Schedule 2, item 27

Immediately after the commencement of Schedule 11 to the Coronavirus Economic Response Package Omnibus Act 2020 .

25 March 2020

6.  Schedule 2, item 28

The day this Act receives the Royal Assent.

 

7.  Schedule 3

The day this Act receives the Royal Assent.

 

8.  Schedule 4, Part 1

The first day on the first CSS fortnight (within the meaning of the A New Tax System (Family Assistance) Act 1999 ) that begins after this Act receives the Royal Assent.

 

9.  Schedule 4, Part 2

The day this Act receives the Royal Assent.

 

10.  Schedule 4, Part 3

1 July 2020.

1 July 2020

11.  Schedule 5

The day this Act receives the Royal Assent.

 

12.  Schedule 6

The day this Act receives the Royal Assent.

 

13.  Schedule 7, Part 1

The day this Act receives the Royal Assent.

 

14.  Schedule 7, Part 2

1 July 2023.

1 July 2023

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.