(1) Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, on the day or at the time specified in column 2 of the table.
Commencement information | ||
Column 1 | Column 2 | Column 3 |
Provision(s) | Commencement | Date/Details |
1. Sections 1 to 4 and anything in this Act not elsewhere covered by this table | The day on which this Act receives the Royal Assent | 30 June 2003 |
2. Schedule 1 | The day on which this Act receives the Royal Assent | 30 June 2003 |
3. Schedules 3 to 7 | Immediately after the commencement of Schedule 1 to the New Business Tax System (Consolidation and Other Measures) Act 2003 | 24 October 2002 |
4. Schedule 8 | The day on which this Act receives the Royal Assent | 30 June 2003 |
5. Schedule 9 | The later of: (a) 1 September 2003; and (b) the day on which this Act receives the Royal Assent | 1 September 2003 |
6. Schedule 10, Part 1 | The day on which this Act receives the Royal Assent | 30 June 2003 |
7. Schedule 10, Part 2, Division 1 | The day on which this Act receives the Royal Assent | 30 June 2003 |
8. Schedule 10, Part 2, Division 2 | At the start of the day on which the Taxation Laws Amendment Act (No. 3) 2003 receives the Royal Assent, subject to subsection (3) | 14 October 2003 |
9. Schedule 10, Part 2, Division 3 | The later of: (a) immediately after the start of the day on which this Act receives the Royal Assent; and (b) immediately after the commencement of the New Business Tax System (Taxation of Financial Arrangements) Act (No. 1) 2003 | 17 December 2003 |
10. Schedule 10, Part 2, Division 4 | The day on which this Act receives the Royal Assent | 30 June 2003 |
11. Schedule 11 | The day on which this Act receives the Royal Assent | 30 June 2003 |
12. Schedule 12 | 30 June 2003 | 30 June 2003 |
Note 1: This table relates only to the provisions of this Act as originally passed by the Parliament and assented to. It will not be expanded to deal with provisions inserted in this Act after assent.
Note 2: The Bill for the Taxation Laws Amendment Act (No. 3) 2003 originated as the Taxation Laws Amendment Bill (No. 8) 2002.
(2) Column 3 of the table is for additional information that is not part of this Act. This information may be included in any published version of this Act.
(3) If the day on which this Act receives the Royal Assent is after the day on which the Taxation Laws Amendment Act (No. 3) 2003 receives the Royal Assent, the provision covered by item 8 of the table does not commence at all.