Federal Register of Legislation - Australian Government

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Act No. 52 of 2015 as made
An Act to amend the A New Tax System (Medicare Levy Surcharge—Fringe Benefits) Act 1999, and for related purposes
Administered by: Treasury
Originating Bill: A New Tax System (Medicare Levy Surcharge—Fringe Benefits) Amendment Bill 2015
Registered 28 May 2015
Date of Assent 26 May 2015
Table of contents.

 

 

 

 

 

 

A New Tax System (Medicare Levy Surcharge—Fringe Benefits) Amendment Act 2015

 

No. 52, 2015

 

 

 

 

 

An Act to amend the A New Tax System (Medicare Levy Surcharge—Fringe Benefits) Act 1999, and for related purposes

  

  


Contents

1............ Short title............................................................................................. 2

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

3............ Schedules............................................................................................ 2

Schedule 1—Amendments                                                                                                3

A New Tax System (Medicare Levy Surcharge—Fringe Benefits) Act 1999    3

 


 

 

A New Tax System (Medicare Levy Surcharge—Fringe Benefits) Amendment Act 2015

No. 52, 2015

 

 

 

An Act to amend the A New Tax System (Medicare Levy Surcharge—Fringe Benefits) Act 1999, and for related purposes

[Assented to 26 May 2015]

The Parliament of Australia enacts:

1  Short title

                   This Act may be cited as the A New Tax System (Medicare Levy Surcharge—Fringe Benefits) Amendment Act 2015.

2  Commencement

                   This Act commences on 1 July 2016.

3  Schedules

                   Legislation that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.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 1Amendments

  

A New Tax System (Medicare Levy Surcharge—Fringe Benefits) Act 1999

1  Subsection 3(1)

Insert:

Australia, when used in a geographical sense, has the same meaning as in the Income Tax Assessment Act 1997.

2  At the end of Part 1

Add:

9  Application

                   This Act extends to every external Territory referred to in the definition of Australia.

3  Subsection 10(3)

Repeal the subsection.

4  Application

The amendments made by this Schedule apply in relation to the 2016‑17 year of income and later years of income.

 

 

 

[Minister’s second reading speech made in—

House of Representatives on 26 March 2015

Senate on 13 May 2015]

(51/15)