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The Parliament of the
Commonwealth of Australia
HOUSE OF REPRESENTATIVES
Presented and read a first time
A New Tax System (End of Sales Tax) Bill 1998
No. , 1998
(Treasury)
A Bill for an Act to implement A New Tax System by ending sales tax, and for related purposes
Contents
1............ Short title............................................................................................. 1
2............ Commencement................................................................................... 1
3............ End of sales tax................................................................................... 2
A Bill for an Act to implement A New Tax System by ending sales tax, and for related purposes
The Parliament of Australia enacts:
1 Short title
This Act may be cited as the A New Tax System (End of Sales Tax) Act 1998 .
2 Commencement
(1) This Act commences, or is taken to have commenced:
(a) after all the provisions listed in subsection (2) have commenced; and
(b) on the last day on which any of those provisions commenced.
(2) These are the provisions:
(a) section 1-2 of the A New Tax System (Goods and Services Tax) Act 1998;
(b) section 2 of the A New Tax System (Goods and Services Tax Imposition—Excise) Act 1998;
(c) section 2 of the A New Tax System (Goods and Services Tax Imposition—Customs) Act 1998;
(d) section 2 of the A New Tax System (Goods and Services Tax Imposition—General) Act 1998;
(e) section 2 of the A New Tax System (Goods and Services Tax Administration) Act 1998.
3 End of sales tax
(1) No sales tax is payable on an assessable dealing if the time of the dealing (as specified in column 4 of Table 1 in Schedule 1 to the Sales Tax Assessment Act 1992 ) is on or after the day on which this Act commences.
(2) In this section:
assessable dealing has the same meaning as in the Sales Tax Assessment Act 1992.
sales tax has the same meaning as in the Sales Tax Assessment Act 1992 .