Commonwealth Consolidated Acts Commonwealth Consolidated ActsNo. 55, 2016
Compilation No. 1
Compilation date: 1 September 2021
Includes amendments up to: Act No. 13, 2021
Registered: 10 November 2021
About this compilation
This compilation
This is a compilation of the Budget Savings (Omnibus) Act 2016 that shows the text of the law as amended and in force on 1 September 2021 (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If a provision of the compiled law has been repealed in accordance with a provision of the law, details are included in the endnotes.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
2 Commencement
3 Schedules
Schedule 1--Minimum repayment income for HELP debts
Higher Education Support Act 2003
Schedule 2--Indexation of higher education support amounts
Higher Education Support Act 2003
Schedule 3--Removal of HECS-HELP benefit
Higher Education Support Act 2003
Income Tax Assessment Act 1997
Schedule 4--Job commitment bonus
Part 1--Main amendments
Social Security (Administration) Act 1999
Part 2--Consequential amendments
Farm Household Support Act 2014
Income Tax Assessment Act 1997
Part 3--Saving and transitional provisions
Schedule 5--Australian Renewable Energy Agency's finances
Australian Renewable Energy Agency Act 2011
Schedule 6--Indexation of private health insurance thresholds
Private Health Insurance Act 2007
Schedule 7--Abolishing the National Health Performance Authority
Part 1--Amendments
National Health Reform Act 2011
Part 2--Application and transitional provisions
Division 1--Interpretation
Division 2--Transfer of assets and liabilities
Division 3--Transfer of other matters
Division 4--Annual reporting obligation
Division 5--Disclosure and use of information
Division 6--Miscellaneous
Schedule 8--Aged care
Part 1--Compliance
Part 2--Adviser and administrator panels
Part 3--Approved provider obligations
Schedule 10--Newly arrived resident's waiting period
Part 1--Social security amendments
Social Security Legislation Amendment (Newly Arrived Resident's Waiting Periods and Other Measures) Act 1997
Part 2--Farm household support amendments
Farm Household Support Act 2014
Schedule 11--Student start-up scholarships
Social Security (Administration) Act 1999
Schedule 12--Interest charge
Part 1--Amendments
A New Tax System (Family Assistance) (Administration) Act 1999
Veterans' Entitlements Act 1986
Part 2--Application, saving and transitional provisions
Schedule 13--Debt recovery
Part 1--Departure prohibition orders
A New Tax System (Family Assistance) Act 1999
A New Tax System (Family Assistance) (Administration) Act 1999
Part 2--Removal of 6-year limit on debt recovery
A New Tax System (Family Assistance) (Administration) Act 1999
Schedule 14--Parental leave payments
Part 1--Parental leave pay and dad and partner pay to count as income
Veterans' Entitlements Act 1986
Part 2--Parental leave pay and dad and partner pay deductions to avoid overpayments
Schedule 15--Fringe benefits
A New Tax System (Family Assistance) Act 1999
Income Tax Assessment Act 1936
Schedule 16--Carer allowance
Social Security (Administration) Act 1999
Schedule 17--Indexation of family tax benefit and parental leave thresholds
A New Tax System (Family Assistance) Act 1999
Schedule 18--Pension means testing for aged care residents
Veterans' Entitlements Act 1986
Schedule 19--Employment income
A New Tax System (Family Assistance) Act 1999
Schedule 21--Closing carbon tax compensation to new welfare recipients
Part 1--Energy supplement under the family assistance law
A New Tax System (Family Assistance) Act 1999
Part 2--Energy supplement under the social security law
Part 4--Energy supplement under the Veterans' Entitlements Act
Veterans' Entitlements Act 1986
Part 6--Telephone allowance
Social Security (Administration) Act 1999
Part 7--Single income family supplement
A New Tax System (Family Assistance) Act 1999
Schedule 21A--Income limit for FTB Part A supplement
A New Tax System (Family Assistance) Act 1999
Schedule 22--Rates of R&D tax offset
Income Tax Assessment Act 1997
Schedule 23--Single touch payroll reporting
Part 1--Reporting by employers
Division 1--Main amendments
Taxation Administration Act 1953
Division 2--Other amendments
Income Tax Assessment Act 1997
Taxation Administration Act 1953
Taxation (Interest on Overpayments and Early Payments) Act 1983
Division 3--Application
Part 2--Choice of fund
Superannuation Guarantee (Administration) Act 1992
Taxation Administration Act 1953
Part 3--TFN declarations
Income Tax Assessment Act 1936
Superannuation Industry (Supervision) Act 1993
Part 4--TFN validation
Income Tax Assessment Act 1936
Schedule 24--Single appeal path under the Military Rehabilitation and Compensation Act
Military Rehabilitation and Compensation Act 2004
Endnotes
Endnote 1--About the endnotes
Endnote 2--Abbreviation key
Endnote 3--Legislation history
Endnote 4--Amendment history
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.
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) |
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 |
55, 2016 | 16 Sept 2016 | Sch 1 and 19: 1 July 2018 (s 2(1) items 2, 21) |
| |
13, 2021 | 1 Mar 2021 | Sch 2 (item 152): 1 Sept 2021 (s 2(1) item 5) | -- |
Provision affected | How affected |
Schedule 7 |
|
Part 2 |
|
Division 6 |
|
item 33.................. | am No 13, 2021 |