Commonwealth Consolidated Acts Commonwealth Consolidated ActsRepeal the following Acts:
Australian Broadcasting Corporation Amendment Act 1993
Australian Postal Corporation Amendment Act 1994
Broadcasting Amendment Act 1987
Broadcasting Amendment Act 1990
Broadcasting Amendment Act 1991
Broadcasting Amendment Act (No. 2) 1987
Broadcasting Amendment Act (No. 2) 1990
Broadcasting Amendment Act (No. 2) 1991
Broadcasting Amendment Act (No. 3) 1987
Broadcasting Amendment Act (No. 4) 1987
Broadcasting and Television Amendment Act 1980
Broadcasting and Television Amendment Act 1982
Broadcasting and Television Amendment Act 1984
Broadcasting and Television Amendment Act 1985
Broadcasting and Television Legislation Amendment Act 1985
Broadcasting and Television Legislation Amendment Act 1986
Broadcasting (Foreign Ownership) Amendment Act 1990
Broadcasting (Ownership and Control) Act 1987
Broadcasting (Ownership and Control) Act 1988
Broadcasting Services Amendment Act 1997
Broadcasting Services Legislation Amendment Act 1997
Broadcasting Stations Licence Fees Act 1981
Broadcasting Stations Licence Fees Amendment Act 1983
Broadcasting Stations Licence Fees Amendment Act 1985
National Transmission Network Sale (Consequential Amendments) Act 1998
NRS Levy Imposition Amendment Act 1999
Radiocommunications (Miscellaneous Provisions) Act 1982
Radiocommunications (Receiver Licence Tax) Amendment Act 1992
Radiocommunications (Receiver Licence Tax) Amendment Act 1997
Radiocommunications (Test Permit Tax) Amendment Act 1992
Radiocommunications (Transmitter Licence Tax) Amendment Act 1992
Radiocommunications (Transmitter Licence Tax) Amendment Act 1997
Radio Licence Fees Amendment Act 1987
Radio Licence Fees Amendment Act 1991
Radio Licence Fees Amendment Act (No. 2) 1987
Satellite Communications Amendment Act 1988
Telecommunications Amendment Act 1994
Telecommunications Amendment Act 1998
Telecommunications (Carrier Licence Fees) Amendment Act 1995
Telecommunications (Carrier Licence Fees) Amendment Act 1996
Telecommunications (Carrier Licence Fees) Termination Act 1997
Telecommunications Laws Amendment (Universal Service Cap) Act 1999
Telecommunications Legislation Amendment Act 1997
Telecommunications (Universal Service Levy) Amendment Act 1999
Television Broadcasting Services (Digital Conversion) Act 1998
Television Licence Fees Amendment Act 1987
Television Licence Fees Amendment Act (No. 2) 1987
Television Licence Fees Amendment Act (No. 3) 1987
Television Stations Licence Fees Act 1981
Television Stations Licence Fees Amendment Act 1983
Television Stations Licence Fees Amendment Act 1985
Telstra (Transition to Full Private Ownership) Act 2005
Competition and Consumer Act 2010
2 Sections 152ELB and 152EOA
Repeal the sections.
National Transmission Network Sale Act 1998
3 Part 5
Repeal the Part.
4 Sections 25 and 27
Repeal the sections.
5 Section 582
After:
• The Minister may make grants of financial assistance for purposes in connection with research into the social, economic, environmental or technological implications of developments relating to telecommunications.
insert:
• Losses incurred by Optus Networks before 1 February 1992 may not be claimed as deductions.
6 After section 593
Insert:
593A Removal of Optus Networks' tax losses
(1) This section applies in relation to Optus Networks Pty Limited (ACN 008 570 330) ( Optus Networks ) (whether or not its name is changed).
(2) Optus Networks cannot deduct from its assessable income for a year of income ending on or after 1 February 1992 a loss (or a part of a loss) incurred in a year of income ending on or before 1 February 1992.
(3) Subsection ( 2) has effect despite anything in the Income Tax Assessment Act 1936 , in particular, sections 79E, 79F, 80, 80AAA and 80AA of that Act as in force before 14 September 2006.
(4) Optus Networks cannot deduct from its assessable income for the 1997 - 98 income year, or a later income year, a tax loss (or a part of a tax loss) incurred in an income year ending on or before 1 February 1992.
(5) Subsection ( 4) has effect despite anything in the Income Tax Assessment Act 1997 , in particular Division 36 of that Act.
(6) An expression has the same meaning in this section as it has in the Income Tax Assessment Act 1936 or the Income Tax Assessment Act 1997 .
7 Section 3 (definition of designated day )
Omit "the day declared under section 3 of the Telstra (Transition to Full Private Ownership) Act 2005 ", substitute "24 November 2006".
8 Paragraph 3 B(1)(b)
Omit "the commencement of Part 1 of Schedule 1 to the Telstra (Transition to Full Private Ownership) Act 2005 ", substitute "23 September 2005".