Federal Register of Legislation - Australian Government

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Act No. 215 of 1991 as amended, taking into account amendments up to Statute Update (Autumn 2018) Act 2018
An Act to impose a tax on the non-quotation of tax file numbers in respect of certain deferred interest securities
Administered by: Treasury
Registered 20 Jun 2018
Start Date 19 Jun 2018
Table of contents.

Commonwealth Coat of Arms of Australia

Income Tax (Deferred Interest Securities) (Tax File Number Withholding Tax) Act 1991

No. 215, 1991

Compilation No. 3

Compilation date:                              19 June 2018

Includes amendments up to:            Act No. 41, 2018

Registered:                                         20 June 2018

 

About this compilation

This compilation

This is a compilation of the Income Tax (Deferred Interest Securities) (Tax File Number Withholding Tax) Act 1991 that shows the text of the law as amended and in force on 19 June 2018 (the compilation date).

The notes at the end of this compilation (the endnotes) include information about amending laws and the amendment history of provisions of the compiled law.

Uncommenced amendments

The effect of uncommenced amendments is not shown in the text of the compiled law. Any uncommenced amendments affecting the law are accessible on the Legislation Register (www.legislation.gov.au). The details of amendments made up to, but not commenced at, the compilation date are underlined in the endnotes. For more information on any uncommenced amendments, see the series page on the Legislation Register for the compiled law.

Application, saving and transitional provisions for provisions and amendments

If the operation of a provision or amendment of the compiled law is affected by an application, saving or transitional provision that is not included in this compilation, details are included in the endnotes.

Editorial changes

For more information about any editorial changes made in this compilation, see the endnotes.

Modifications

If the compiled law is modified by another law, the compiled law operates as modified but the modification does not amend the text of the law. Accordingly, this compilation does not show the text of the compiled law as modified. For more information on any modifications, see the series page on the Legislation Register for the compiled law.

Self‑repealing provisions

If a provision of the compiled law has been repealed in accordance with a provision of the law, details are included in the endnotes.

  

  

  


Contents

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

2............ Commencement................................................................................... 1

3............ Act to bind Crown.............................................................................. 1

4............ Imposition of tax................................................................................. 1

Endnotes                                                                                                                                      2

Endnote 1—About the endnotes                                                                              2

Endnote 2—Abbreviation key                                                                                  4

Endnote 3—Legislation history                                                                               5

Endnote 4—Amendment history                                                                             6


An Act to impose a tax on the non‑quotation of tax file numbers in respect of certain deferred interest securities

1  Short title

                   This Act may be cited as the Income Tax (Deferred Interest Securities) (Tax File Number Withholding Tax) Act 1991.

2  Commencement

                   This Act commences, or is taken to have commenced, as the case requires, on the commencement of section 221YHZR of the Income Tax Assessment Act 1936.

3  Act to bind Crown

                   This Act binds the Crown in the right of each of the States, of the Australian Capital Territory and of the Northern Territory.

4  Imposition of tax

                   Tax payable in accordance with section 14‑55 in Schedule 1 to the Taxation Administration Act 1953 is imposed.


Endnotes

Endnote 1—About the endnotes

The endnotes provide information about this compilation and the compiled law.

The following endnotes are included in every compilation:

Endnote 1—About the endnotes

Endnote 2—Abbreviation key

Endnote 3—Legislation history

Endnote 4—Amendment history

Abbreviation key—Endnote 2

The abbreviation key sets out abbreviations that may be used in the endnotes.

Legislation history and amendment history—Endnotes 3 and 4

Amending laws are annotated in the legislation history and amendment history.

The legislation history in endnote 3 provides information about each law that has amended (or will amend) the compiled law. The information includes commencement details for amending laws and details of any application, saving or transitional provisions that are not included in this compilation.

The amendment history in endnote 4 provides information about amendments at the provision (generally section or equivalent) level. It also includes information about any provision of the compiled law that has been repealed in accordance with a provision of the law.

Editorial changes

The Legislation Act 2003 authorises First Parliamentary Counsel to make editorial and presentational changes to a compiled law in preparing a compilation of the law for registration. The changes must not change the effect of the law. Editorial changes take effect from the compilation registration date.

If the compilation includes editorial changes, the endnotes include a brief outline of the changes in general terms. Full details of any changes can be obtained from the Office of Parliamentary Counsel.

Misdescribed amendments

A misdescribed amendment is an amendment that does not accurately describe the amendment to be made. If, despite the misdescription, the amendment can be given effect as intended, the amendment is incorporated into the compiled law and the abbreviation “(md)” added to the details of the amendment included in the amendment history.

If a misdescribed amendment cannot be given effect as intended, the abbreviation “(md not incorp)” is added to the details of the amendment included in the amendment history.

 

Endnote 2—Abbreviation key

 

ad = added or inserted

o = order(s)

am = amended

Ord = Ordinance

amdt = amendment

orig = original

c = clause(s)

par = paragraph(s)/subparagraph(s)

C[x] = Compilation No. x

    /sub‑subparagraph(s)

Ch = Chapter(s)

pres = present

def = definition(s)

prev = previous

Dict = Dictionary

(prev…) = previously

disallowed = disallowed by Parliament

Pt = Part(s)

Div = Division(s)

r = regulation(s)/rule(s)

ed = editorial change

reloc = relocated

exp = expires/expired or ceases/ceased to have

renum = renumbered

    effect

rep = repealed

F = Federal Register of Legislation

rs = repealed and substituted

gaz = gazette

s = section(s)/subsection(s)

LA = Legislation Act 2003

Sch = Schedule(s)

LIA = Legislative Instruments Act 2003

Sdiv = Subdivision(s)

(md) = misdescribed amendment can be given

SLI = Select Legislative Instrument

    effect

SR = Statutory Rules

(md not incorp) = misdescribed amendment

Sub‑Ch = Sub‑Chapter(s)

    cannot be given effect

SubPt = Subpart(s)

mod = modified/modification

underlining = whole or part not

No. = Number(s)

    commenced or to be commenced

 

Endnote 3—Legislation history

 

Act

Number and year

Assent

Commencement

Application, saving and transitional provisions

Income Tax (Deferred Interest Securities) (Tax File Number Withholding Tax) Act 1991

215, 1991

24 Dec 1991

24 Dec 1991 (s 2)

 

Tax Laws Amendment (Repeal of Inoperative Provisions) Act 2006

101, 2006

14 Sept 2006

Sch 2 (item 779) and Sch 6 (items 1, 6–11): 14 Sept 2006 (s 2(1) items 2, 4)

Sch 6 (items 1, 6–11)

Tax Laws Amendment (2008 Measures No. 4) Act 2008

97, 2008

3 Oct 2008

Sch 3 (item 174): 3 Oct 2008 (s 2(1) item 5)

Statute Update (Autumn 2018) Act 2018

41, 2018

22 May 2018

Sch 4 (item 8): 19 June 2018 (s 2(1) item 4)

 

Endnote 4—Amendment history

 

Provision affected

How affected

s 3........................................

am No 41, 2018

s 4........................................

am No 101, 2006; No 97, 2008