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Treasury Laws Amendment (Delivering Better Financial Outcomes and Other Measures) Act 2024
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Department of the Treasury
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C2024A00067
09 July 2024
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1 Short title
2 Commencement
Collapse
3 Schedules
Schedule 1—Delivering better financial outcomes—reducing red tape
Part 1—Superannuation
Division 1—Amendment of the Superannuation Industry (Supervision) Act 1993
Superannuation Industry (Supervision) Act 1993
Division 2—Amendment of the Income Tax Assessment Act 1997
Income Tax Assessment Act 1997
Part 2—Ongoing fee arrangements
Corporations Act 2001
Part 3—Financial Services Guides
Corporations Act 2001
Part 4—Conflicted remuneration
Corporations Act 2001
Part 5—Insurance commissions
Corporations Act 2001
Schedule 2—Petroleum resource rent tax anti avoidance rules
Petroleum Resource Rent Tax Assessment Act 1987
Schedule 3—Capital allowances for mining, quarrying or prospecting rights and clarifying the meaning of exploration for petroleum
Part 1—Capital allowances for mining, quarrying or prospecting rights
Income Tax Assessment Act 1997
Part 2—Clarifying the meaning of exploration for petroleum
Petroleum Resource Rent Tax Assessment Act 1987
Schedule 4—Multilateral development banks
Asian Development Bank Act 1966
Asian Development Bank (Additional Subscription) Act 1972
Asian Development Bank (Additional Subscription) Act 1977
Asian Development Bank (Additional Subscription) Act 1983
Asian Development Bank (Additional Subscription) Act 1995
Asian Development Bank (Additional Subscription) Act 2009
European Bank for Reconstruction and Development Act 1990
International Bank for Reconstruction and Development (General Capital Increase) Act 1989
International Bank for Reconstruction and Development (Share Increase) Act 1988
International Financial Institutions (Share Increase) Act 1982
International Financial Institutions (Share Increase) Act 1986
International Monetary Agreements Act 1947
International Monetary Agreements Act 1974
International Monetary Agreements (Quota Increase) Act 1980
Official Development Assistance Multilateral Replenishment Obligations (Special Appropriation) Act 2020
Schedule 5—Miscellaneous and technical amendments
Part 1—Amendments commencing day after Royal Assent
Division 1—Audit firm’s and audit company’s rotation obligations
Corporations Act 2001
Division 2—Insolvency safe harbour
Corporations Act 2001
Division 3—Financial services law
Corporations Act 2001
Division 4—Correcting duplicated section number
Corporations Act 2001
Division 5—Benefits provided by taking out insurance
Superannuation Industry (Supervision) Act 1993
Division 6—Actuaries and auditors of superannuation entities
Superannuation Industry (Supervision) Act 1993
Division 7—Financial reporting for superannuation entities
Superannuation Industry (Supervision) Act 1993
Part 2—Amendments commencing first day of next quarter
Division 1—A New Tax System (Goods and Services Tax) Act 1999
A New Tax System (Goods and Services Tax) Act 1999
Division 2—CDEP Scheme
Income Tax Assessment Act 1936
Income Tax Rates Act 1986
Small Superannuation Accounts Act 1995
Taxation Administration Act 1953
Division 3—Value shifting
Income Tax Assessment Act 1997
Division 4—Transfer Pricing Guidelines
Income Tax Assessment Act 1997
Part 3—Other amendments: duty of superannuation trustees to notify the Regulator of significant adverse events
Superannuation Industry (Supervision) Act 1993
Schedule 6—Location offset and producer offset for films
Part 1—Location offset amount
Income Tax Assessment Act 1997
Part 2—Location offset conditions
Division 1—Amendments
Income Tax Assessment Act 1997
Division 2—Application provisions
Part 3—Producer offset
Income Tax Assessment Act 1997