House of Representative
Future Made in Australia (Production Tax Credits and Other Measures) Bill 2024
Explanatory Memorandum
(Circulated by authority of the Treasurer, the Hon Jim Chalmers MP)Glossary
This Explanatory Memorandum uses the following abbreviations and acronyms.
| Abbreviation | Definition |
| ABN | Australian Business Number |
| ACN | Australian Company Number |
| ARENA | Australian Renewable Energy Agency |
| ART Act | Administrative Review Tribunal Act 2024 |
| ATO | Australian Taxation Office |
| ATSI Act | Aboriginal and Torres Strait Islander Act 2005 |
| Bill | Future Made in Australia (Production Tax Credits and Other Measures) Bill 2024 |
| CER | Clean Energy Regulator |
| CMPTI | Critical Minerals Production Tax Incentive |
| Commissioner | Commissioner of Taxation |
| CTG | National Agreement on Closing the Gap |
| DISR | The Department of Industry, Science and Resources |
| GO scheme | The Guarantee of Origin scheme in the Future Made in Australia (Guarantee of Origin) Bill 2024 |
| GST Act | A New Tax System (Goods and Services Tax) Act 1999 |
| HPTI | Hydrogen Production Tax Incentive |
| IBA | Indigenous Business Australia |
| ICCPR | International Covenant on Civil and Political Rights |
| ICESCR | International Covenant on Economic, Social and Cultural Rights |
| Industry Secretary | Secretary of the Department of Industry, Science and Resources |
| ITAA 1936 | Income Tax Assessment Act 1936 |
| ITAA 1997 | Income Tax Assessment Act 1997 |
| Legislation Act | Legislation Act 2003 |
| NAIF | Northern Australia Infrastructure Facility |
| NIAA | National Indigenous Australians Agency |
| NTAIC | Northern Territory Aboriginal Investment Corporation |
| OPC | Office of Parliamentary Counsel |
| PGO certificate | Product Guarantee of Origin Certificate within the meaning of Future Made in Australia (Guarantee of Origin) Bill 2024) |
| PGPA Act | Public Governance, Performance and Accountability Act 2013 |
| SIVs | Specialist Investment Vehicles |
| TAA 1953 | Taxation Administration Act 1953 |