A New Tax System (Medicare Levy Surcharge—Fringe Benefits) Amendment Act 2015
No. 52, 2015
An Act to amend the A New Tax System (Medicare Levy Surcharge—Fringe Benefits) Act 1999, and for related purposes
A New Tax System (Medicare Levy Surcharge—Fringe Benefits) Amendment Act 2015
No. 52, 2015
An Act to amend the A New Tax System (Medicare Levy Surcharge—Fringe Benefits) Act 1999, and for related purposes
Contents
2 Commencement
3 Schedules
Schedule 1—Amendments
A New Tax System (Medicare Levy Surcharge—Fringe Benefits) Act 1999
A New Tax System (Medicare Levy Surcharge—Fringe Benefits) Amendment Act 2015
No. 52, 2015
An Act to amend the A New Tax System (Medicare Levy Surcharge—Fringe Benefits) Act 1999, and for related purposes
[Assented to 26 May 2015]
The Parliament of Australia enacts:
This Act may be cited as the A New Tax System (Medicare Levy Surcharge—Fringe Benefits) Amendment Act 2015.
This Act commences on 1 July 2016.
Legislation that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.
A New Tax System (Medicare Levy Surcharge—Fringe Benefits) Act 1999
1 Subsection 3(1)
Insert:
Australia, when used in a geographical sense, has the same meaning as in the Income Tax Assessment Act 1997.
2 At the end of Part 1
Add:
This Act extends to every external Territory referred to in the definition of Australia.
3 Subsection 10(3)
Repeal the subsection.
4 Application
The amendments made by this Schedule apply in relation to the 2016‑17 year of income and later years of income.
[Minister’s second reading speech made in—
House of Representatives on 26 March 2015
Senate on 13 May 2015]
(51/15)