Commonwealth Consolidated Acts Commonwealth Consolidated Acts
Income Tax Assessment Act 1936
1 Subsection 160AAA(1) ( paragraph ( a) of the definition of rebatable benefit )
Omit "or 2.15A", substitute ", 2.15A or 3.15A".
2 Subsection 160AAA(1) ( paragraph ( b) of the definition of rebatable pension )
Omit "or 2.18", substitute ", 2.18 or 3.15A".
3 Paragraph 202CB(6)(a)
After "an austudy payment", insert ", a CDEP Scheme Participant Supplement".
4 Paragraph 202CE(7)(a)
After "an austudy payment", insert ", a CDEP Scheme Participant Supplement".
5 Subsection 221A(1) (after paragraph ( g) of the definition of salary or wages )
Insert:
or (h) by way of CDEP Scheme Participant Supplement;
6 Subsection 16(1) ( paragraph ( c) of the definition of eligible pensioner )
Omit "or 2.15", substitute ", 2.15 or 3.15A".
Taxation Administration Act 1953
7 Subsection 12 - 110(1) in Schedule 1
Repeal the subsection, substitute:
(1) An entity must withhold an amount from a payment it makes to an individual if the payment is:
(a) specified in an item of the table in section 52 - 10 of the Income Tax Assessment Act 1997 (Social Security payments); or
(b) specified in an item of the table in section 52 - 65 of that Act (Veterans' Affairs payments); or
(c) specified in section 52 - 105, 53 - 10, 55 - 5 or 55 - 10 of that Act; or
Note: Payments specified in those provisions of the Income Tax Assessment Act 1997 are made under various Commonwealth laws.
(d) made under Part 3.15A of the Social Security Act 1991.
8 Application of amendments
(1) The amendments made by items 1, 2 and 6 apply to assessments for the 1999 - 2000 year of income and all later years of income.
(2) The amendments made by items 3 and 4 apply in relation to the quotation of TFNs on or after 11 November 1999.
(3) The amendment made by item 5 applies to payments made on or after 11 November 1999.
(4) The amendment made by item 7 applies to payments made on or after 1 July 2000.