House of Representatives
Fairer Private Health Insurance Incentives Bill 2011
Fairer Private Health Insurance Incentives (Medicare Levy Surcharge) Bill 2011
Fairer Private Health Insurance Incentives (Medicare Levy Surcharge - Fringe Benefits) Bill 2011
Explanatory Memorandum
(Circulated by the authority of the Deputy Prime Minister and Treasurer, the Hon Wayne Swan MP, and the Minister for Health and Ageing, the Hon Nicola Roxon MP)Glossary
The following abbreviations and acronyms are used throughout this explanatory memorandum.
Abbreviation | Definition |
Commissioner | Commissioner of Taxation |
ITAA 1997 | Income Tax Assessment Act 1997 |
MLA 1986 | Medicare Levy Act 1986 |
PHII | private health insurance incentive |
PHIIB | private health insurance incentive beneficiary |
TAA 1953 | Taxation Administration Act 1953 |