Federal Register of Legislation - Australian Government

Primary content

SLI 2012 No. 153 Regulations as made
This regulation amends the Taxation Administration Regulations 1976 to add the Cook Islands, Macau, Mauritius and the Republic of Korea to the list of foreign countries and foreign territories contained in Regulation 44E that are 'information exchange countries' for the purposes of subsection 12-385(4) of Schedule 1 to the Taxation Administration Act 1953. This list is relevant for calculating the amount to be withheld by the trustee of a managed investment trust or custodian, or by another entity, from a fund payment to a foreign resident.
Administered by: Treasury
Made 28 Jun 2012
Registered 28 Jun 2012
Tabled HR 14 Aug 2012
Tabled Senate 14 Aug 2012
Date of repeal 09 Aug 2013
Repealed by Treasury (Spent and Redundant Instruments) Repeal Regulation 2013

Commonwealth Coat of Arms

Taxation Administration Amendment Regulation 2012 (No. 4)1

Select Legislative Instrument 2012 No. 153

I, QUENTIN BRYCE, Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following regulation under the Taxation Administration Act 1953.

Dated 28 June 2012

QUENTIN BRYCE

Governor-General

By Her Excellency’s Command

DAVID BRADBURY


1              Name of regulation

                This regulation is the Taxation Administration Amendment Regulation 2012 (No. 4).

2              Commencement

                This regulation commences on 1 July 2012.

3              Amendment of Taxation Administration Regulations 1976

                Schedule 1 amends the Taxation Administration Regulations 1976.


Schedule 1        Amendments

(section 3)

 

[1]           Subregulation 44E (2), table, after item 56

insert

57

Cook Islands

1 July 2012

58

Macau

1 July 2012

59

Mauritius

1 July 2012

60

Republic of Korea

1 July 2012

[2]           After subregulation 44E (2)

insert

         (3)   Items 57 to 60 of the table in subregulation (2) apply in relation to a fund payment (within the meaning given by section 12‑405 of Schedule 1 to the Act) made on or after 1 July 2012 and in respect of an income year commencing on or after 1 July 2012.


Note

1.       All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See www.comlaw.gov.au.