Commonwealth Numbered Acts

TERMINATION PAYMENTS TAX (ASSESSMENT AND COLLECTION) ACT 1997 No. 73 of 1997 - SECT 31

In this Act, unless the contrary intention applies:
adjusted taxable income of a taxpayer has the same meaning as adjusted taxable
income of a member has in the Superannuation  Contributions Tax (Assessment
and Collection) Act 1997 .
assessment means an assessment of surcharge.
authorised officer means an officer or employee within the meaning of the
Public Service Act 1922 who has been authorised in writing by the Commissioner
for the purposes of the provision in which the expression occurs.
Commissioner means the Commissioner of Taxation.
Deputy Commissioner means a Deputy Commissioner of Taxation.
Income Tax Assessment Act means the Income Tax Assessment Act 1936.
interest means interest payable under section 13.
late payment penalty means penalty payable under section 16.
post-June 1994 invalidity component of an eligible termination payment has the
meaning given by subsection 27A(1) of the Income Tax  Assessment Act .
retained amount has the meaning given by section 27AC of the Income  Tax
Assessment Act .
Second Commissioner means a Second Commissioner of Taxation.
surcharge threshold has the meaning given by section 10.
taxpayer means an individual who is a taxpayer for the purposes of the
Income Tax Assessment Act but does not include an individual acting as a
trustee.
termination payment has the meaning given by subsection 7(2).
termination payments surcharge or surcharge means the termination payments
surcharge imposed by the Termination Payments Tax Imposition  Act 1997 .
the 1996-97 financial year means the financial year that started on 1 July
1996.

[Minister's second reading speech made in-
House of Representatives on 13 February 1997
Senate on 25 March 1997]