1998

The Parliament of the
Commonwealth of Australia

HOUSE OF REPRESENTATIVES

Presented and read a first time

A New Tax System (End of Sales Tax) Bill 1998

No.      , 1998

(Treasury)

A Bill for an Act to implement A New Tax System by ending sales tax, and for related purposes

  ISBN:  0642 379424

Contents
1	Short title	1
2	Commencement	1
3	End of sales tax	2

A Bill for an Act to implement A New Tax System by ending sales tax, and for related purposes
The Parliament of Australia enacts:
1  Short title
		This Act may be cited as the A New Tax System (End of Sales Tax) Act 1998.
2  Commencement
	(1)	This Act commences, or is taken to have commenced:
	(a)	after all the provisions listed in subsection (2) have commenced; and
	(b)	on the last day on which any of those provisions commenced.
	(2)	These are the provisions:
	(a)	section 1‑2 of the A New Tax System (Goods and Services Tax) Act 1998;
	(b)	section 2 of the A New Tax System (Goods and Services Tax Imposition—Excise) Act 1998;
	(c)	section 2 of the A New Tax System (Goods and Services Tax Imposition—Customs) Act 1998;
	(d)	section 2 of the A New Tax System (Goods and Services Tax Imposition—General) Act 1998;
	(e)	section 2 of the A New Tax System (Goods and Services Tax Administration) Act 1998.
3  End of sales tax
	(1)	No sales tax is payable on an assessable dealing if the time of the dealing (as specified in column 4 of Table 1 in Schedule 1 to the Sales Tax Assessment Act 1992) is on or after the day on which this Act commences.
	(2)	In this section:
assessable dealing has the same meaning as in the Sales Tax Assessment Act 1992.
sales tax has the same meaning as in the Sales Tax Assessment Act 1992.