Commonwealth Numbered Acts Commonwealth Numbered Acts
No. 101, 2006
Contents
1............ Short title............................................................................................ 1
2............ Commencement.................................................................................. 2
3............ Schedule(s).......................................................................................... 2
Schedule 1--Inoperative provisions repealed on Royal Assent 3
A New Tax System (Australian Business Number) Act 1999 3
A New Tax System (Commonwealth‑State Financial Arrangements) Act 1999 3
Fringe Benefits Tax Assessment Act 1986 3
Income Tax Assessment Act 1936 3
Income Tax Assessment Act 1997 14
Income Tax (Transitional Provisions) Act 1997 18
Taxation Administration Act 1953 19
Taxation (Interest on Overpayments and Early Payments) Act 1983 19
Trust Recoupment Tax Assessment Act 1985 20
Schedule 2--Consequential amendments relating to Schedule 1 repeals etc. 21
Part 1--Amendments: general  21
Aboriginal Land Rights (Northern Territory) Act 1976 21
Airports (Transitional) Act 1996 21
A New Tax System (Australian Business Number) Act 1999 21
A New Tax System (Bonuses for Older Australians) Act 1999 22
A New Tax System (Goods and Services Tax) Act 1999 22
A New Tax System (Tax Administration) Act (No. 2) 2000 22
Australian Postal Corporation Act 1989 23
Australian Prudential Regulation Authority Act 1998 23
Child Support (Registration and Collection) Act 1988 24
Crimes (Taxation Offences) Act 1980 25
Crown Debts (Priority) Act 1981 26
Development Allowance Authority Act 1992 26
Export Finance and Insurance Corporation Act 1991 26
Financial Corporations (Transfer of Assets and Liabilities) Act 1993 27
Financial Sector (Transfers of Business) Act 1999 29
Fringe Benefits Tax Assessment Act 1986 30
Higher Education Funding Act 1988 34
Higher Education Support Act 2003 34
Income Tax Assessment Act 1936 34
Income Tax Assessment Act 1997 93
Income Tax (Deferred Interest Securities) (Tax File Number Withholding Tax) Act 1991 125
Income Tax (Transitional Provisions) Act 1997 127
National Rail Corporation Agreement Act 1992 138
Ships (Capital Grants) Act 1987 138
Snowy Mountains Engineering Corporation Limited Sale Act 1993 138
Student Assistance Act 1973 141
Superannuation Guarantee (Administration) Act 1992 141
Taxation Administration Act 1953 142
Taxation (Interest on Overpayments and Early Payments) Act 1983 153
Trust Recoupment Tax Assessment Act 1985 156
Veterans' Entitlements Act 1986 158
Part 2--Amendments consequential on repeal of heading to Division 1 of Part IIA of the Taxation Administration Act 1953 160
A New Tax System (Commonwealth‑State Financial Arrangements) Act 1999 160
A New Tax System (Goods and Services Tax) Act 1999 160
Fringe Benefits Tax Assessment Act 1986 160
General Interest Charge (Imposition) Act 1999 160
Income Tax Assessment Act 1936 160
Income Tax Assessment Act 1997 161
Income Tax (Transitional Provisions) Act 1997 161
Petroleum Resource Rent Tax Assessment Act 1987 161
Product Grants and Benefits Administration Act 2000 162
Superannuation Contributions Tax (Assessment and Collection) Act 1997 162
Superannuation (Government Co‑contribution for Low Income Earners) Act 2003 162
Superannuation Guarantee (Administration) Act 1992 162
Taxation Administration Act 1953 163
Termination Payments Tax (Assessment and Collection) Act 1997 163
Schedule 3--Inoperative provisions repealed on 1 January 2008 164
Income Tax Assessment Act 1936 164
Income Tax Assessment Act 1997 164
Income Tax (Transitional Provisions) Act 1997 165
Taxation Administration Act 1953 165
Schedule 4--Consequential amendments relating to Schedule 3 repeals 166
Income Tax Assessment Act 1936 166
Income Tax Assessment Act 1997 166
Income Tax (Transitional Provisions) Act 1997 167
Schedule 5--Inoperative Acts repealed on Royal Assent 168
Part 1--Repeals  168
A New Tax System (End of Sales Tax) Act 1999 168
A New Tax System (Wine Equalisation Tax and Luxury Car Tax Transition) Act 1999 168
Debits Tax Act 1982 168
Debits Tax Administration Act 1982 168
Income Tax (Deficit Deferral) Act 1994 168
Income Tax (Untainting Tax) Act 1998 168
New Business Tax System (Venture Capital Deficit Tax) Act 2000 168
Pay‑Roll Tax Assessment Act 1941 168
Pay‑Roll Tax (Termination Of Commonwealth Tax) Act 1971 168
Sales Tax Act (No. 1) 1930 168
Sales Tax Act (No. 2) 1930 168
Sales Tax Act (No. 3) 1930 168
Sales Tax Act (No. 4) 1930 169
Sales Tax Act (No. 5) 1930 169
Sales Tax Act (No. 6) 1930 169
Sales Tax Act (No. 7) 1930 169
Sales Tax Act (No. 8) 1930 169
Sales Tax Act (No. 9) 1930 169
Sales Tax Act (No. 10A) 1985 169
Sales Tax Act (No. 10B) 1985 169
Sales Tax Act (No. 10C) 1985 169
Sales Tax Act (No. 11A) 1985 169
Sales Tax Act (No. 11B) 1985 169
Sales Tax Amendment (Transitional) Act 1992 169
Sales Tax Assessment Act 1992 169
Sales Tax Assessment Act (No. 1) 1930 169
Sales Tax Assessment Act (No. 2) 1930 169
Sales Tax Assessment Act (No. 3) 1930 169
Sales Tax Assessment Act (No. 4) 1930 169
Sales Tax Assessment Act (No. 5) 1930 169
Sales Tax Assessment Act (No. 6) 1930 170
Sales Tax Assessment Act (No. 7) 1930 170
Sales Tax Assessment Act (No. 8) 1930 170
Sales Tax Assessment Act (No. 9) 1930 170
Sales Tax Assessment Act (No. 10) 1985 170
Sales Tax Assessment Act (No. 11) 1985 170
Sales Tax (Customs) (Alcoholic Beverages) Act 1997 170
Sales Tax (Customs) (Deficit Reduction) Act 1993 170
Sales Tax (Customs) (Industrial Safety Equipment) Act 2000 170
Sales Tax (Customs) (Wine--Deficit Reduction) Act 1993 170
Sales Tax (Excise) (Alcoholic Beverages) Act 1997 170
Sales Tax (Excise) (Deficit Reduction) Act 1993 170
Sales Tax (Excise) (Industrial Safety Equipment) Act 2000 170
Sales Tax (Excise) (Wine--Deficit Reduction) Act 1993 170
Sales Tax (Exemptions and Classifications) Act 1935 170
Sales Tax (Exemptions and Classifications) Act 1992 170
Sales Tax (General) (Alcoholic Beverages) Act 1997 170
Sales Tax (General) (Deficit Reduction) Act 1993 170
Sales Tax (General) (Industrial Safety Equipment) Act 2000 171
Sales Tax (General) (Wine--Deficit Reduction) Act 1993 171
Sales Tax Imposition (Customs) Act 1992 171
Sales Tax Imposition (Excise) Act 1992 171
Sales Tax Imposition (General) Act 1992 171
Sales Tax Imposition (In Situ Pools) Act 1992 171
Sales Tax (Industrial Safety Equipment) (Transitional Provisions) Act 2000 171
Sales Tax (In Situ Pools) (Deficit Reduction) Act 1993 171
Sales Tax Procedure Act 1934 171
Swimming Pools Tax Refund Act 1992 171
Tobacco Charge Act (No. 1) 1955 171
Tobacco Charge Act (No. 2) 1955 171
Tobacco Charge Act (No. 3) 1955 171
Tobacco Charges Assessment Act 1955 171
Wool Tax Act (No. 1) 1964 171
Wool Tax Act (No. 2) 1964 171
Wool Tax Act (No. 3) 1964 171
Wool Tax Act (No. 4) 1964 172
Wool Tax Act (No. 5) 1964 172
Wool Tax (Administration) Act 1964 172
Part 2--Consequential amendments 173
Administrative Decisions (Judicial Review) Act 1977 173
A New Tax System (Goods and Services Tax Transition) Act 1999 173
A New Tax System (Wine Equalisation Tax) Act 1999 174
ANL Act 1956 174
Australian Hearing Services Act 1991 174
Australian Institute of Aboriginal and Torres Strait Islander Studies Act 1989 175
Australian Institute of Health and Welfare Act 1987 175
Australian National Maritime Museum Act 1990 175
Australian Postal Corporation Act 1989 175
Australian Securities and Investments Commission Act 2001 176
Australian Sports Commission Act 1989 176
Commonwealth Serum Laboratories Act 1961 177
Consular Privileges and Immunities Act 1972 177
Crimes (Taxation Offences) Act 1980 177
Diplomatic Privileges and Immunities Act 1967 183
Freedom of Information Act 1982 183
Fringe Benefits Tax Assessment Act 1986 184
Income Tax Assessment Act 1997 184
International Organisations (Privileges and Immunities) Act 1963 185
Overseas Missions (Privileges and Immunities) Act 1995 185
Primary Industries and Energy Research and Development Act 1989 186
Snowy Mountains Engineering Corporation Act 1970 186
Special Broadcasting Service Act 1991 186
Taxation Administration Act 1953 186
Taxation (Interest on Overpayments and Early Payments) Act 1983 188
Trans‑Tasman Mutual Recognition Act 1997 189
Wool International Act 1993 190
Wool Services Privatisation Act 2000 190
Schedule 6--Application and saving provisions 192
Part 1--Application provisions 192
Part 2--General saving provisions 194
Part 3--Other saving provisions and transitional provisions 197
Tax Laws Amendment (Repeal of Inoperative Provisions) Act 2006
No. 101, 2006
An Act to amend the law relating to taxation, and for related purposes
[Assented to 14 September 2006]
The Parliament of Australia enacts: