Federal Register of Legislation - Australian Government

Primary content

A Bill for an Act to amend the Income Tax Assessment Act 1936, and for related purposes
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Introduced HR 29 May 1996

Income Tax Assessment Amendment Bill 1996
First Reading

1996

The Parliament of the

Commonwealth of Australia

HOUSE OF REPRESENTATIVES

Presented and read a first time

Income Tax Assessment Amendment Bill 1996

No. , 1996

(Treasury)

A Bill for an Act to amend the Income Tax Assessment Act 1936, and for related purposes

9605120¾1,700/27.5.1996¾(51/96) Cat. No. 96 4609 4 ISBN 0644 445165

Contents

1       Short title

2       Commencement

3       Schedule(s)

Schedule 1--Amendments commencing on 1 July 1996       

Income Tax Assessment Act 1936       

Schedule 2--Amendments commencing on 1 July 1997       

Income Tax Assessment Act 1936       

A Bill for an Act to amend the Income Tax Assessment Act 1936, and for related purposes

The Parliament of Australia enacts:

1 Short title

        This Act may be cited as the Income Tax Assessment Amendment Act 1996.

2 Commencement

       (1) Subject to this section, this Act commences on the day on which it receives the Royal Assent.

       (2) Schedule 1 commences, or is taken to have commenced, on 1 July 1996.

       (3) Schedule 2 commences on 1 July 1997.

3 Schedule(s)

        Subject to section 2, each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.

Schedule 1--Amendments commencing on 1 July 1996
Income Tax Assessment Act 1936

1 Subsection 251R(6A)

Omit "251U(1)(a), (b)", substitute "251U(1)(b)".

2 After subsection 251R(6A)

Insert:

       (6AA) The reference in subsection (6A) to a person taken to have been a prescribed person includes a reference to:

       (a) a person to whom section 8A of the Medicare Levy Act 1986 applies; and

       (b) a person who would, apart from subsections 8A(4) and (5) of that Act, have been a person to whom section 8A of that Act applies.

3 Paragraph 251U(1)(a)

Repeal the paragraph.

4 Subsection 251U(2)

Omit all the words after "during that period" (first occurring), substitute:

        has been or is to be taken to have been, or but for this subsection would have been or would be taken to have been:

       (a) a prescribed person; or

       (b) a person to whom section 8A of the Medicare Levy Act 1986 applies; or

       (c) a person who would, apart from subsections 8A(4) and (5) of that Act, be a person to whom section 8A of that Act applies;

for the purposes of this Part and of any Act imposing levy, during that period.

5 Paragraph 251U(3)(b)

Omit "(1)(a), (b)", substitute "(1)(b)".

6 Application

The amendments made by this Schedule apply to assessments in respect of income for the 1996-97 year of income.

Schedule 2--Amendments commencing on 1 July 1997
Income Tax Assessment Act 1936

1 Subsection 251R(6A)

Omit "251U(1)(b)", substitute "251U(1)(a), (b)".

2 Subsection 251R(6AA)

Repeal the subsection.

3 Before paragraph 251U(1)(b)

Insert:

       (a) the person was entitled to free medical treatment during the whole of that period in respect of every incapacity, disease or disabling condition because the person was a member of the Defence Force or was a relative of, or was otherwise associated with, a member of the Defence Force;

4 Subsection 251U(2)

Omit all the words after "during that period" (first occurring), substitute "is to be taken, or but for this subsection would be taken, to have been a prescribed person, for the purposes of this Part and of any Act imposing levy, during that period".

5 Paragraph 251U(3)(b)

Omit "(1)(b)", substitute "(1)(a), (b)".

6 Application

The amendments made by this Schedule apply to assessments in respect of income for the 1997-98 year of income and all later years of income.