Commonwealth Consolidated Acts Commonwealth Consolidated ActsAct No. 15 of 2007 as amended
This compilation was prepared on 19 April 2010
taking into account amendments up to Act No. 19 of 2010
The text of any of those amendments not in force
on that date is appended in the Notes section
The operation of amendments that have been incorporated may be affected by application provisions that are set out in the Notes section
Prepared by the Office of Legislative Drafting and
Publishing,
Attorney‑General's Department, Canberra
Contents
1............ Short title [see Note 1] ....................................................................... 1
2............ Commencement .................................................................................. 1
3............ Schedule(s) .......................................................................................... 3
4............ Repeals disregarded for the purposes of dependent provisions ......... 3
Schedule 1--Consequential amendments etc. 4
Part 1--Main consequential repeals 4
Income Tax Assessment Act 1936 4
Part 2--Other consequential amendments etc. 5
A New Tax System (Medicare Levy Surcharge--Fringe Benefits) Act 1999 5
Fringe Benefits Tax Assessment Act 1986 6
Income Tax Assessment Act 1936 8
Income Tax Assessment Act 1997 28
Income Tax (Transitional Provisions) Act 1997 49
Parliamentary Superannuation Act 2004 58
Pooled Development Funds Act 1992 58
Remuneration and Allowances Act 1990 59
Retirement Savings Accounts Act 1997 59
Seafarers Rehabilitation and Compensation Act 1992 61
Small Superannuation Accounts Act 1995 62
Superannuation Contributions Tax (Assessment and Collection) Act 1997 70
Superannuation (Government Co‑contribution for Low Income Earners) Act 2003 71
Superannuation Guarantee (Administration) Act 1992 72
Superannuation Industry (Supervision) Act 1993 73
Superannuation (Productivity Benefit) Act 1988 75
Taxation Administration Act 1953 75
Taxation (Interest on Overpayments and Early Payments) Act 1983 82
Veterans' Entitlements Act 1986 82
Part 3--Repeal of entire Act 85
Income Tax (Superannuation Payments Withholding Tax) Act 2002 85
Part 4--Application 86
Schedule 2--Small business relief for CGT events 87
Income Tax Assessment Act 1997 87
Schedule 3--Other amendments 91
Child Support (Registration and Collection) Act 1988 91
Income Tax Assessment Act 1936 91
Income Tax Assessment Act 1997 92
Income Tax (Transitional Provisions) Act 1997 98
Superannuation Guarantee (Administration) Act 1992 100
Superannuation Industry (Supervision) Act 1993 101
Superannuation (Self Managed Superannuation Funds) Taxation Act 1987 102
Superannuation (Unclaimed Money and Lost Members) Act 1999 103
Taxation Administration Act 1953 104
Schedule 4--Technical corrections 106
Income Tax Assessment Act 1997 106
Income Tax (Transitional Provisions) Act 1997 106
Taxation Administration Act 1953 107
Notes 109
The Parliament of Australia enacts:
Notes to
the
Superannuation Legislation Amendment
(Simplification) Act 2007 Note 1 The Superannuation Legislation Amendment (Simplification)
Act 2007 as shown in this compilation comprises Act No. 15, 2007
amended as indicated in the Tables below. For all relevant information pertaining to application, saving
or transitional provisions see Table A. Table of Acts
|
Act |
Number |
Date |
Date of commencement |
Application, saving or transitional provisions |
|
Superannuation Legislation Amendment (Simplification) Act 2007 |
15, 2007 |
15 Mar 2007 |
See s. 2(1) |
|
|
Tax Laws Amendment (2007 Measures No. 4) Act 2007 |
143, 2007 |
24 Sept 2007 |
Schedule 5 (items 28, 48(1)): Royal Assent |
Sch. 5 (item 48(1)) |
|
Tax Laws Amendment (2009 Measures No. 6) Act 2010 |
19, 2010 |
24 Mar 2010 |
Schedule 3 (items 9, 10): (a) |
Sch. 3 (item 12) |
(a) Subsection 2(1) (item 8) of the Tax Laws Amendment (2009 Measures No. 6) Act 2010 provides as follows:
(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 |
|
8. Schedule 3, Part 2, Division 2 |
Immediately after the start of the day on which the Superannuation Legislation Amendment (Simplification) Act 2007 received the Royal Assent. |
15 March 2007 |
Table of Amendments
|
ad. = added or inserted am. = amended rep. = repealed rs. = repealed and substituted |
|
|
Provision affected |
How affected |
|
Schedule 1 |
|
|
Items 237-239...................... |
rep. No. 19, 2010 |
|
Item 241................................ |
rep. No. 19, 2010 |
|
Schedule 2 |
|
|
Item 12.................................. |
rs. No. 143, 2007 |
|
Schedule 3 |
|
|
Item 51.................................. |
rep. No. 19, 2010 |
Table A
Application, saving or transitional provisions
Tax Laws Amendment (2007 Measures No. 4) Act 2007 (No. 143, 2007)
Schedule 5
48 Application
(1) The amendments made by this Schedule apply to the 2007‑2008 income year and later years.
Tax Laws Amendment (2009 Measures No. 6) Act 2010 (No. 19, 2010)
Schedule 3
12 Effect of repeal
To avoid doubt, the following provisions are taken never to have had effect:
(a) item 30 of the table in item 214 of Schedule 7 to the Tax Laws Amendment (2006 Measures No. 2) Act 2006;
(b) items 237, 238, 239 and 241 of Schedule 1, and item 51 of Schedule 3, to the Superannuation Legislation Amendment (Simplification) Act 2007.
Note 1: The provision mentioned in paragraph (a) is repealed by Division 2 of Part 1 of this Schedule.
Note 2: The provisions mentioned in paragraph (b) are repealed by Division 2 of Part 2 of this Schedule.