House of Representatives
Tax Laws Amendment (2010 Measures No. 5) Bill 2010
Tax Laws Amendment (2010 Measures No. 5) Act 2011
Explanatory Memorandum
(Circulated by the authority of the Deputy Prime Minister and Treasurer, the Hon Wayne Swan MP)Glossary
The following abbreviations and acronyms are used throughout this explanatory memorandum.
| Abbreviation | Definition |
|---|---|
| BAS | business activity statement |
| CGT | capital gains tax |
| Commissioner | Commissioner of Taxation |
| GST | goods and services tax |
| GST Act | A New Tax System (Goods and Services Tax) Act 1999 |
| IT(TP) Act 1997 | Income Tax (Transitional Provisions) Act 1997 |
| ITAA 1997 | Income Tax Assessment Act 1997 |
| PAYG | pay as you go |
| RBA | Reserve Bank of Australia |
| RSA provider | retirement savings account provider |
| SIS Regulations | Superannuation Industry (Supervision) Regulations 1994 |
| TAA 1953 | Taxation Administration Act 1953 |
| TMC | terminal medical condition |