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Medicare Levy Amendment Act 1995

  • - C2004A04909
  • No longer in force
Act No. 56 of 1995 as made
An Act to amend the Medicare Levy Act 1986, and for related purposes
Date of Assent 28 Jun 1995
Date of repeal 10 Mar 2016
Repealed by Amending Acts 1990 to 1999 Repeal Act 2016
 

MEDICARE LEVY AMENDMENT ACT 1995 No. 56, 1995

Making Information
- Assented to 28 June 1995

MEDICARE LEVY AMENDMENT ACT 1995 No. 56, 1995 - TABLE OF PROVISIONS

CONTENTS
Section
1. Short title
2. Commencement
3. Schedules
SCHEDULE 1
AMENDMENT OF THE MEDICARE LEVY ACT 1986 APPLYING
FOR 1993-94 AND 1994-95
SCHEDULE 2
AMENDMENT OF THE MEDICARE LEVY ACT 1986 APPLYING
FOR 1995-96 AND LATER YEARS

MEDICARE LEVY AMENDMENT ACT 1995 No. 56, 1995 - LONG TITLE

An Act to amend the Medicare Levy Act 1986, and for related purposes

MEDICARE LEVY AMENDMENT ACT 1995 No. 56, 1995 - SECT 1
Short title

1. This Act may be cited as the Medicare Levy Amendment Act 1995.


(Minister's second reading speech made in-
House of Representatives on 6 June 1995
Senate on 9 June 1995)

MEDICARE LEVY AMENDMENT ACT 1995 No. 56, 1995 - SECT 2
Commencement

2. This Act, other than Schedule 2, is taken to have commenced on the day before the day on which it receives the Royal Assent. Schedule 2 commences on the day on which this Act receives the Royal Assent.

MEDICARE LEVY AMENDMENT ACT 1995 No. 56, 1995 - SECT 3
Schedules

3. The Medicare Levy Act 1986 is amended in accordance with the applicable items in the Schedules, and the other items in the Schedules have effect according to their terms.

MEDICARE LEVY AMENDMENT ACT 1995 No. 56, 1995 - SCHEDULE 1

SCHEDULE 1 Section 3
AMENDMENT OF THE MEDICARE LEVY ACT 1986 APPLYING
FOR 1993-94 AND 1994-95
1. Subsection 7(4):
Omit "$443", substitute "$447".
2. Application
The amendment made by this Schedule applies for the financial years
commencing on 1 July 1993 and 1 July 1994.

MEDICARE LEVY AMENDMENT ACT 1995 No. 56, 1995 - SCHEDULE 2

SCHEDULE 2 Section 3
AMENDMENT OF THE MEDICARE LEVY ACT 1986 APPLYING
FOR 1995-96 AND LATER YEARS
1. Section 6:
Omit "1.4%" (wherever occurring), substitute "1.5%".
2. Subsection 7(1):
Omit "$12,688", substitute "$12,870".
3. Subsection 7(2):
Omit "$12,688", substitute "$12,870".
4. Subsection 7(2):
Omit "$13,643", substitute "$13,913".
5. Subsection 7(4):
Omit "$447", substitute "$450".
6. Subsection 8(2):
Omit "0.186", substitute "0.185".
7. Subsection 8(2):
Omit "1.4%", substitute "1.5%".
8. Subsection 8(5) (definition of family income threshold):
Omit "$21,366", substitute "$21,718".
9. Subsection 8(6):
Omit "$21,366", substitute "$21,718".
10. Application
The amendments made by this Schedule apply for the financial year
commencing on 1 July 1995 and all later financial years.