Commonwealth Numbered Acts

A NEW TAX SYSTEM (PAY AS YOU GO) ACT 1999 NO. 178, 1999 - Long Title

Part 1—Amendment of the Taxation Administration Act 1953 3 Part 2—Consequential amendment of Acts 121

Income Tax Assessment Act 1997 121 Income Tax Assessment Act 1936 124 A New Tax System (Goods and Services Tax) Act 1999 132 A New Tax System (Goods and Services Tax Administration) Act 1999 137 A New Tax System (Australian Business Number) Act 1999 137 Fringe Benefits Tax Assessment Act 1986 139 Taxation Administration Act 1953 140

Part 1—Running balance accounts 142

Income Tax Assessment Act 1936 149 Sales Tax Assessment Act 1992 150 Taxation (Interest on Overpayments and Early Payments) Act 1983 150

Part 2—General interest charge 152

Crimes (Taxation Offences) Act 1980 152 Income Tax Assessment Act 1936 152 Income Tax Assessment Act 1997 157 Sales Tax Assessment Act 1992 157 Taxation Administration Act 1953 158 Taxation (Interest on Overpayments and Early Payments) Act 1983 159 Taxation Laws Amendment Act (No. 3) 1999 160

Part 3—Fringe benefits tax 162

Fringe Benefits Tax Assessment Act 1986 162

A New Tax System (Pay As You Go) Act 1999 No. 178, 1999

An Act to implement A New Tax System by amending the law about taxation, and for related purposes

[ Assented to 22 December 1999 ] The Parliament of Australia enacts: