House of Representatives
Tax and Superannuation Laws Amendment (2013 Measures No. 2) Bill 2013
Explanatory Memorandum
(Circulated by the authority of the Deputy Prime Minister and Treasurer, the Hon Wayne Swan MP)Index
Schedule 1: Definition of documentary
| Bill reference | Paragraph number |
|---|---|
| Items 2, 5 and 6, subparagraphs 376-20(2)(c)(iii), 376-45(2)(c)(iii) and 376-65(2)(d)(ii) | 1.37 |
| Item 3, subsection 376-25(1) | 1.24 |
| Item 3, paragraph 376-25(1)(a) | 1.25 |
| Item 3, paragraph 376-25(1)(b) | 1.26 |
| Item 3, paragraph 376-25(1)(c) | 1.27 |
| Item 3, paragraph 376-25(1)(d) | 1.28 |
| Item 3, paragraph 376-25(2)(a) | 1.29, 1.30 |
| Item 3, paragraph 376-25(2)(b) | 1.32 |
| Items 3 and 11, section 376-25 and subsection 995-1(1) (definition of 'documentary') | 1.20 |
| Subitem 12(1) | 1.38 |
| Subitem 12(2) | 1.42 |
Schedule 2: Ex-gratia payments for natural disasters
| Bill reference | Paragraph number |
|---|---|
| Item 1 | 2.17 |
| Item 2, item 5.2 in table in section 51-30 | 2.19 |
| Item 2, item 5.3 in table in section 51-30 | 2.20 |
| Item 2, item 5.4 in table in section 51-30 | 2.21 |
| Item 3 | 2.22 |
| Items 4 and 5 | 2.26 |
| Items 6 to 9 | 2.25 |
Schedule 3: GST instalment system
| Bill reference | Paragraph number |
|---|---|
| Items 1 and 2, paragraph 162-30(1(d)) and subsection 162-30(6) | 3.15 |
| Items 3 and 6, subsections 162-135(1) and 162-140(6) | 3.16 |
| Items 4, 5 and 7, subsection, 162-140(4) and section 195-1 | 3.18 |
| Item 8 | 3.20 |
Schedule 4: Deductible gift recipients
| Bill reference | Paragraph number |
|---|---|
| Item 1, item 2.2.42 in the table in subsection 30-25(2) of the ITAA 1997 | 4.5 |
| Item 2, item 4.2.42 in the table in subsection 30-45(2) of the ITAA 1997 | 4.7 |
| Item 3, item 5.2.31 in the table in subsection 30-50(2) of the ITAA 1997 | 4.11 |
| Item 3, item 5.2.32 in the table in subsection 30-50(2) of the ITAA 1997 | 4.13 |
| Item 3, item 5.2.33 in the table in subsection 30-50(2) of the ITAA 1997 | 4.9 |
| Item 4, item 13.2.15 in the table in section 30-105 of the ITAA 1997 | 4.17 |
| Item 5, item 13.2.19 in the table in section 30-105 of the ITAA 1997 | 4.15 |
| Items 6 to 11 | 4.18 |
| Items 12 to 15 | 4.20 |
Schedule 5: Merging multiple accounts in a superannuation entity
| Bill reference | Paragraph number |
|---|---|
| Items 1 and 2 | 5.48 |
| Item 3, subsection 29E(6) of the SIS Act | 5.22 |
| Item 4, subsection 108A(1) of the SIS Act | 5.21 |
| Item 4, subsection 108A(1) and paragraph 108A(2)(b) of the SIS Act | 5.25 |
| Item 4, paragraph 108A(1)(c) of the SIS Act | 5.33 |
| Item 4, paragraph 108A(1)(d) of the SIS Act | 5.42 |
| Item 4, paragraph 108A(2)(a) of the SIS Act | 5.28 |
| Item 4, subsection 108A(3) of the SIS Act | 5.17 |
| Item 4, Subsection 108A(4) of the SIS Act | 5.26 |
| Item 4, subsection 108A(5) of the SIS Act | 5.23 |
| Item 5 | 5.49 |
Schedule 6: Government co-contribution for low income earners
| Bill reference | Paragraph number |
|---|---|
| Item 1, paragraph 9(1)(c) | 6.15 |
| Item 2, paragraph 9(1)(d) | 6.17 |
| Item 3, paragraph 10(1B) | 6.18 |
| Item 4, paragraph 10(1C) | 6.20 |
| Item 5, sub-section 10(2) | 6.21 |
| Item 6, paragraph 10A(1) | 6.22 |
| Item 7, paragraph 10A(3)(c) | 6.24 |
| Item 8, paragraph 10A(3) | 6.26 |
| Item 9, paragraph 10A(5A) | 6.23 |
| Item 10 | 6.27 |
Schedule 7: Dependant (invalid and carer) tax offset
| Bill reference | Paragraph number |
|---|---|
| Item 1, Subdivision 61-A of the ITAA 1997 | 7.31 |
| Item 1, section 61-10 of the ITAA 1997 | 7.35 |
| Item 1, paragraph 61-10(1)(c) of the ITAA 1997 | 7.38 |
| Item 1, paragraphs 61-10(1)(d) and (c) of the ITAA 1997 | 7.62 |
| Item 1, subsection 61-10(2) of the ITAA 1997 | 7.36 |
| Item 1, subsections 61-10(3) and (4) of the ITAA 1997 | 7.37 |
| Item 1, subsection 61-10(5) of the ITAA 1997 | 7.39 |
| Item 1, subsection 61-15(2) of the ITAA 1997 | 7.41 |
| Item 1, subsection 61-20(1) of the ITAA 1997 | 7.42 |
| Item 1, subsection 61-20(2) of the ITAA 1997 | 7.46 |
| Item 1, subsection 61-20(3) of the ITAA 1997 | 7.47 |
| Item 1, sections 61-25 and 61-40 of the ITAA 1997 | 7.48 |
| Item 1, subsection 61-30 of the ITAA 1997 and item 8, section 960-265 of the ITAA 1997 | 7.49 |
| Item 1, section 61-35 of the ITAA 1997 | 7.54 |
| Item 1, section 61-40 of the ITAA 1997 | 7.56 |
| Item 1, subsection 61-40(2) of the ITAA 1997 | 7.57 |
| Item 1, subsection 61-45 of the ITAA 1997 | 7.58 |
| Item 2, subsection 159(1F) of the ITAA 1936 | 7.60 |
| Item 2, subsection 159(1G) of the ITAA 1936 | 7.63 |
| Item 3, subsection 159J(6) of the ITAA 1936 and Schedule 7, item 4, subsection 159J(6) of the ITAA 1936 | 7.66 |
| Item 5, subsection 159L(3C) of the ITAA 1936 | 7.61 |
| Item 6, paragraphs 159P(4)(e) and (f) of the ITAA 1936 | 7.64 |
| Item 7, section 13-1 of the ITAA 1936 | 7.69 |
| Item 9, subsection 995-1(1) of the ITAA 1997 | 7.68 |
| Item 10 | 7.70 |
Schedule 8: Taxation of financial arrangements
| Bill reference | Paragraph number |
|---|---|
| Items 1, 2, 4 and 6, sections 230-70 and 230-75 | 8.18 |
| Items 3 to 6, notes to sections 230-70 and 230-75 | 8.24 |
| Item 7, subsection 230-200(2) | 8.25 |
| Items 8 and 9, subsection 230-80(4) | 8.155 |
| Item 10, paragraph 230-110(2)(a) | 8.33 |
| Items 11 and 14, paragraph 230-100(2)(c) | 8.37 |
| Item 12, subparagraph 230-100(3)(b)(i) | 8.38 |
| Items 13, paragraph 230-110(2)(b) | 8.39 |
| Items 15 to 18, subsections 230-100(3A) and (4), 230-110(1) and 230-115(1) | 8.44 |
| Items 19 and 27, paragraph 230-130(4)(b) and subsection 230-130(4A) | 8.61 |
| Items 19 and 20, paragraph 230-130(4)(b) and subsection 230-130(5) | 8.45 |
| Item 21, subsection 230-170(2A) | 8.47, 8.62 |
| Item 22, subsection 230-135(6A) | 8.49 |
| Items 23 to 26, paragraph 230-190(1)(c) and subsections 230-190(2), (3A) and (3B) | 8.54 |
| Item 28, subsections 230-172(1) and (2) | 8.58 |
| Items 28 and 30, paragraph 230-172(3) and 230-192(3)(b) | 8.70 |
| Item 28 and 30, subsections 230-172(2) and 230-192(4) | 8.71 |
| Items 29 and 30, subsections 230-192(1) to (3) | 8.72 |
| Item 30, paragraph 230-192(1)(b) | 8.65 |
| Item 30, subsection 230-192(8) | 8.69 |
| Item 30, subsection 230-192(5) | 8.66 |
| Item 30, subsection 230-192(6) | 8.67 |
| Item 30, subsection 230-192(7) | 8.68 |
| Items 31 and 32, subsections 230-175(1A) and (2A) | 8.75 |
| Item 33, subsection 230-180(2) | 8.78 |
| Item 34, paragraph 230-40(4)(a) | 8.90 |
| Item 35, paragraph 230-220(1)(c) | 8.86 |
| Items 36 and 37, subsections 230-230(1), (1A) and (4) | 8.89 |
| Item 38, subsection 230-245(6) | 8.92 |
| Item 39, section 230-325 | 8.108 |
| Items 40 and 41, paragraphs 230-335(3)(d) and (e) | 8.104 |
| Item 42, subsection 230-335(3A) | 8.106 |
| Items 43, 44 and 47, paragraphs 230-365(c) and (d), and subsections 230-385(1), (2) and (4) | 8.111 |
| Items 45 to 47, section 230-380 and subsections 230-385(4), (6) and (7) | 8.117 |
| Item 47, subsection 230-385(3) | 8.115 |
| Item 47, subsection 230-385(5) | 8.112 |
| Item 48, subsections 230-310(5) and (6) | 8.121 |
| Items 49, 50, 52 and 53, paragraphs 104(14)(c), 104(14)(ca), 104(15)(c) and 104(15)(ca) of Schedule 1 to the Tax Laws Amendment (Taxation of Financial Arrangements) Act 2009 | 8.128 |
| Items 51 and 54, notes to subitems 104(14) and (15) of Schedule 1 to the Tax Laws Amendment (Taxation of Financial Arrangements) Act 2009 | 8.129 |
| Item 55, section 230-527 | 8.133 |
| Item 55, paragraph 230-527(1)(a) | 8.136 |
| Item 55, paragraph 230-527(1)(b) | 8.137 |
| Item 55, paragraph 230-527(1)(c) | 8.138 |
| Item 55, subsection 230-527(2) | 8.139 |
| Items 56, 57 and 58, paragraphs 230-80(2)(a) and (3)(a), subsections 230-100(2) to (5), and section 230-125 | 8.142 |
| Items 59 to 64, subparagraph 230-5(2)(a)(iv), paragraph 230-85(a), subparagraph 230-140(3)(c)(ii), paragraph 230-190(7)(a), subsections 230-190(1) and (3) and paragraph 230-455(1)(d) | 8.143 |