| Title | Treasury Laws Amendment (Junior Minerals Exploration Incentive) Bill 2017 |
| Database | Bills & Legislation |
| Long Title | a Bill for an Act to amend the law relating to taxation, and for related purposes |
| Date | 19-10-2017 10:10 AM |
| Source | House of Reps |
| Parl No. | 45 |
| Bill Number | 238/17 |
| Bill Type | Government |
| Portfolio | Treasury |
| Reps Bill Code | TM |
| Status | Act |
| System Id | legislation/bills/r5996_first-reps/0000 |
2016â2017
The Parliament of the
Commonwealth of Australia
HOUSE OF REPRESENTATIVES
Presented and read a first time
Treasury Laws Amendment (Junior Minerals Exploration Incentive) Bill 2017
No. , 2017
(Treasury)
A Bill for an Act to amend the law relating to taxation, and for related purposes
Contents
1............ Short title............................................................................................. 1
2............ Commencement................................................................................... 1
3............ Schedules............................................................................................ 2
Schedule 1âJunior minerals exploration incentive 3
Part 1âMain amendments 3
Income Tax Assessment Act 1997 3
Part 2âOther amendments 21
Income Tax Assessment Act 1936 21
Income Tax Assessment Act 1997 21
Taxation Administration Act 1953 25
Part 3âRepeal of Division 418 26
Income Tax Assessment Act 1936 26
Income Tax Assessment Act 1997 27
Taxation Administration Act 1953 29
Part 4âApplication, transitional and saving provisions 31
Division 1âApplication and transitional provisions 31
Division 2âSaving provisions relating to repeal of Division 418 32
Schedule 2âAmendment of the Tax and Superannuation Laws Amendment (2014 Measures No. 7) Act 2015 35
Tax and Superannuation Laws Amendment (2014 Measures No. 7) Act 2015 35
A Bill for an Act to amend the law relating to taxation, and for related purposes
The Parliament of Australia enacts:
This Act is the Treasury Laws Amendment (Junior Minerals Exploration Incentive) Act 2017.
(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.
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Commencement information |
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Column 1 |
Column 2 |
Column 3 |
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Provisions |
Commencement |
Date/Details |
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1. Sections 1 to 3 and anything in this Act not elsewhere covered by this table |
The day after this Act receives the Royal Assent. |
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2. Schedule 1, Parts 1 and 2 |
The first 1 January, 1 April, 1 July or 1 October to occur after the day this Act receives the Royal Assent. |
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3. Schedule 1, Part 3 |
1 July 2023. |
1 July 2023 |
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4. Schedule 1, Part 4, Division 1 |
At the same time as the provisions covered by table item 2. |
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5. Schedule 1, Part 4, Division 2 |
1 July 2023. |
1 July 2023 |
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6. Schedule 2 |
The day after this Act receives the Royal Assent. |
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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.
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.