Federal Register of Legislation - Australian Government

Primary content

Regulations as made
This instrument amends the Taxation Administration Regulations 2017 to add eight countries to the list of foreign countries and foreign territories specified to be ‘information exchange countries’ for the purposes of subsection 12-385(4) of Schedule 1 to the Taxation Administration Act 1953.
Administered by: Treasury
Registered 01 Nov 2019
Tabling HistoryDate
Tabled Senate11-Nov-2019
Table of contents.

Commonwealth Coat of Arms of Australia

 

Taxation Administration Amendment (Updating the List of Exchange of Information Countries) Regulations 2019

I, General the Honourable David Hurley AC DSC (Retd), Governor‑General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following regulations.

Dated 31 October 2019

David Hurley

Governor‑General

By His Excellency’s Command

Michael Sukkar

Assistant Treasurer

 

  

  


Contents

1............ Name............................................................................................................................. 1

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

3............ Authority....................................................................................................................... 1

4............ Schedules...................................................................................................................... 1

Schedule 1—Amendments                                                                                                                          2

Taxation Administration Regulations 2017                                                                                     2

 


1  Name

                   This instrument is the Taxation Administration Amendment (Updating the List of Exchange of Information Countries) Regulations 2019.

2  Commencement

             (1)  Each provision of this instrument 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

Provisions

Commencement

Date/Details

1.  The whole of this instrument

The day after this instrument is registered.

2 November 2019

Note:          This table relates only to the provisions of this instrument as originally made.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

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

3  Authority

                   This instrument is made under the Taxation Administration Act 1953.

4  Schedules

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

Schedule 1Amendments

  

Taxation Administration Regulations 2017

1  Subsection 34(1)

Omit “country” (first occurring), substitute “foreign country or a foreign territory”.

2  Subsection 34(2)

Omit “country” (first occurring), substitute “foreign country or a foreign territory”.

3  Subsection 34(2)

Omit “country” (second occurring), substitute “foreign country or the foreign territory”.

4  Subsection 34(2) (table, heading to column headed “Country”)

Repeal the heading, substitute:

Country or Territory

5  Subsection 34(2) (at the end of the table)

Add:

 

 

 

115

Curaçao

1 January 2020

116

Lebanon

1 January 2020

117

Nauru

1 January 2020

118

Pakistan

1 January 2020

119

Panama

1 January 2020

120

Peru

1 January 2020

121

Qatar

1 January 2020

122

United Arab Emirates

1 January 2020