Consolidation: legislation and supporting material
The ATO Legal Database contains the principal and amending acts which govern Commonwealth taxation law, as well as the associated regulations and supporting material (for example, explanatory memoranda and second reading speeches).
The following is a list of consolidation related acts and supporting material in order of Royal Assent.
Royal Assent: 22 August 2002
Date of effect: from 1 July 2002
Commencement: 24 October 2002 – the day on which the New Business Tax System (Consolidation, Value Shifting, Demergers and Other Measures) Act 2002 received Royal Assent
On consolidation or joining, these entities may have made certain elections or choices prior to the date of notification of consolidation or the joining time. This legislation allows the head company of the new consolidated group to review some of these elections and, if required, make new elections.
The ‘New legislation’ homepage allows you to track the progress of new legislation for a range of topics from announcement through to Royal Assent. The homepage also contains information about the administrative treatment of retrospective legislation.
Select ‘C’ in the A-Z index provided on the homepage to locate consolidation related new legislation information contained under the ‘Consolidation’ heading.
Subscribe
