Federal Register of Legislation - Australian Government

Primary content

Act No. 120 of 1982 as made
An Act to impose a tax in respect of certain unpaid company tax
Administered by: Treasury
Date of Assent 13 Dec 1982
Date of repeal 22 Sep 1999
Repealed by Statute Stocktake Act 1999
 

Taxation (Unpaid Company Tax Vendors) Act 1982 No. 120 of 1982

Taxation (Unpaid Company Tax-Vendors) Act 1982 No. 120 of 1982 - SECT. 1.
Short title.

Taxation (Unpaid Company Tax-Vendors) Act 1982

No. 120 of 1982
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An Act to impose a tax in respect of certain unpaid company tax

(Assented to 13 December 1982)

BE IT ENACTED by the Queen, and the Senate and the House of Representatives of the Commonwealth of Australia, as follows:
Short title

1. This Act may be cited as the Taxation (Unpaid Company Tax-Vendors) Act 1982.

Taxation (Unpaid Company Tax-Vendors) Act 1982 No. 120 of 1982 - SECT. 2.
Commencement


2. This Act shall come into operation on the day on which the Taxation (Unpaid Company Tax) Assessment Act 1982 comes into operation.

Taxation (Unpaid Company Tax-Vendors) Act 1982 No. 120 of 1982 - SECT. 3.
Incorporation


3. The Taxation (Unpaid Company Tax) Assessment Act 1982 is incorporated and shall be read as one with this Act.

Taxation (Unpaid Company Tax-Vendors) Act 1982 No. 120 of 1982 - SECT. 4.
Imposition of tax


4. Where at any time a vendors taxable amount exists under the Taxation (Unpaid Company Tax) Assessment Act 1982, tax is imposed, and shall be levied and paid, on that vendors taxable amount.

Taxation (Unpaid Company Tax-Vendors) Act 1982 No. 120 of 1982 - SECT. 5.
Amount of tax


5. The amount of the tax imposed by this Act in respect of a vendors taxable amount is an amount equal to the vendors taxable amount.