Treasury Laws Amendment (Miscellaneous and Technical Amendments No. 1) Instrument 2025
I, Andrew Leigh, Assistant Minister for Competition, Charities and Treasury, make the following instrument.
Dated 21 February 2025
Dr Andrew Leigh
Assistant Minister for Competition, Charities and Treasury
Parliamentary Secretary to the Treasurer
1 Name
2 Commencement
3 Authority
4 Schedules
Schedule 1—Amendments
Local Government (Financial Assistance) (Final Factor for 2022-23 and Estimated Factor for 2023-24) Determination 2023
Payment Times Reporting Rules 2024
Tax Agent Services (Code of Professional Conduct) Determination 2024
Schedule 2—Repeals
Competition and Consumer (Tobacco) Information Standard 2011
Trade Practices Act 1974 - Consumer Protection Notice No. 10 of 1991 - Permanent Ban on Goods [F2010L03294]
This instrument is the Treasury Laws Amendment (Miscellaneous and Technical Amendments No. 1) Instrument 2025.
(1) Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.
Commencement information | ||
Column 1 | Column 2 | Column 3 |
Provisions | Commencement | Date/Details |
1. The whole of this instrument | The day after this instrument is registered. |
|
Note: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.
(2) Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.
This instrument is made under the following:
(a) the Competition and Consumer Act 2010;
(b) the Local Government (Financial Assistance) Act 1995;
(c) the Payment Times Reporting Act 2020;
(d) the Tax Agent Services Act 2009.
Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.
1 Subsection 8(3)
Omit “subsection (3)” (wherever occurring), substitute “subsection (2)”.
2 Subsection 8(3) (formula)
Repeal the formula, substitute:
3 Subsection 8(3) (definition of sub (3) factor)
Repeal the definition, substitute:
sub (2) factor means the result of subsection (2).
4 Paragraph 13(1)(a)
Omit “number”, substitute “value”.
5 After section 100
Insert:
The amendment of this instrument made by item 4 of the Treasury Laws Amendment (Miscellaneous and Technical Amendments No. 1) Instrument 2025 applies in relation to a payment times report given to the Regulator on or after 1 January 2025 for a reporting period starting on or after 1 July 2024.
6 Subsection 151(1)
Omit “paragraph 45(1)(c)”, substitute “paragraph 45(1)(d)”.
1 The whole of the instrument
Repeal the instrument.
2 The whole of the instrument
Repeal the instrument.