Federal Register of Legislation - Australian Government

Primary content

Act No. 59 of 2012 as made
An Act to impose income tax on amounts paid to employees under the Seasonal Labour Mobility Program, and for related purposes
Administered by: Treasury
Originating Bill: Income Tax (Seasonal Labour Mobility Program Withholding Tax) Bill 2012
Registered 25 Jun 2012
Date of Assent 21 Jun 2012
Table of contents.

 

 

 

 

 

 

Income Tax (Seasonal Labour Mobility Program Withholding Tax) Act 2012

 

No. 59, 2012

 

 

 

 

 

An Act to impose income tax on amounts paid to employees under the Seasonal Labour Mobility Program, and for related purposes

  

  

  


Contents

1............ Short title............................................................................................. 1

2............ Commencement................................................................................... 2

3............ Imposition of tax................................................................................. 2

4............ Rate of tax........................................................................................... 2

 


 

 

Income Tax (Seasonal Labour Mobility Program Withholding Tax) Act 2012

No. 59, 2012

 

 

 

An Act to impose income tax on amounts paid to employees under the Seasonal Labour Mobility Program, and for related purposes

[Assented to 21 June 2012]

The Parliament of Australia enacts:

1  Short title

                   This Act may be cited as the Income Tax (Seasonal Labour Mobility Program Withholding Tax) Act 2012.

2  Commencement

             (1)  Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

 

Commencement information

Column 1

Column 2

Column 3

Provision(s)

Commencement

Date/Details

1.  Sections 1 and 2 and anything in this Act not elsewhere covered by this table

The day this Act receives the Royal Assent.

21 June 2012

2.  Sections 3 and 4

At the same time as Schedule 1 to the Tax Laws Amendment (2012 Measures No. 3) Act 2012 commences.

21 June 2012

Note:          This table relates only to the provisions of this Act as originally enacted. It will not be amended to deal with any later amendments of this Act.

             (2)  Any information in column 3 of the table is not part of this Act. Information may be inserted in this column, or information in it may be edited, in any published version of this Act.

3  Imposition of tax

                   The tax known as income tax, to the extent that that tax is payable in accordance with section 840‑905 of the Income Tax Assessment Act 1997, is imposed on income to which that section applies.

4  Rate of tax

                   The rate of income tax imposed by this Act is 15%.


[Minister’s second reading speech made in—

House of Representatives on 24 May 2012

Senate on 18 June 2012]

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