House of Representatives
Clean Energy (Income Tax Rates Amendments) Bill 2011
Clean Energy (Tax Laws Amendments) Bill 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 combined explanatory memorandum.
| Abbreviation | Definition |
| ITAA 1936 | Income Tax Assessment Act 1936 |
| LITO | low-income tax offset |
| MLA 1986 | Medicare Levy Act 1986 |
| SAPTO | seniors and pensioners tax offset |
| SATO | senior Australians tax offset |
| surcharge | Medicare levy surcharge |
| the mechanism | the Clean Energy Legislative Package, which sets up the carbon pricing mechanism as part of the Government's climate change plan, as set out in Securing a clean energy future : the Australian Government's climate change plan . |