Senate
New Business Tax System (Miscellaneous) Bill (No. 2) 2000
Revised Explanatory Memorandum
(Circulated by authority of the Treasurer, the Hon Peter Costello, MP)This Memorandum takes account of amendments made by the House of Representatives to this Bill as introduced.
Index
Schedule 1: Company losses and bad debts
| Bill reference | Paragraph No. |
|---|---|
| Item 1, section 112-97, new item 12A | 1.174 |
| Item 2, subsection 165-12(2) (note); item 19, subsection 165-123(2) (note) | 2.54 |
| Item 3, subsection 165-12(7); item 5, subsection 165-37(4); item 15, subsection 165-115C(4); item 20, subsection 165-123(7) | 2.26 |
| Item 3, subsection 165-12(8); item 5, subsection 165-37(5); item 15, subsection 165-115C(5); item 20, subsection 165-123(8) | 2.32 |
| Item 4, subsection 165-37(3); sub-item 68(2) | 2.54 |
| Item 6, section 165-115 | 2.60 |
| Item 7, paragraph 165-115A(1)(c); item 8, subsection 165-115A(1D) | 2.66 |
| Item 7, paragraph 165-115A(1)(d) | 2.62 |
| Item 8, paragraph 165-115A(1A)(b) | 2.74 |
| Item 8, section 165-115A(1B) | 2.63 |
| Item 8, section 165-115A(1C) | 2.63 |
| Item 9, paragraph 165-115A(2)(a) | 2.50 |
| Item 9, subsection 165-115A(2A) | 2.31 |
| Item 11, subsection 165-115B(1); item 12, subsection 165-115B (2); item 13, subsection 165-115B(5) and (6); item 14, subsection 165-115B(8); item 15, subsection 165-115BB(2) | 2.69 |
| Item 12, subsection 165-115B(2) | 2.81 |
| Item 14, subsection 165-115B(7); item 15, subsection 165-115BB(1) | 2.70 |
| Item 15, sections 165-115C and 165-115D | 2.80 |
| Item 15, subsection 165-115BA(1) to (3) | 2.67 |
| Item 15, subsections 165-115BA(4) and (5) | 2.68 |
| Item 16, section 165-115E | 2.73 |
| Item 17, subsection 165-115F(7) | 2.61 |
| Item 17, subsections 165-115F(5) and (6) | 2.65 |
| Item 18, Section 165-115E of Subdivision 165-CC | 1.111 |
| Item 18, paragraph 165-115K(1)(c) | 1.62 |
| Item 18, paragraph 165-115R(4)(a) | 1.88 |
| Item 18, paragraph 165-115R(4)(b) | 1.89 |
| Item 18, paragraph 165-115S(4) | 1.92 |
| Item 18, paragraph 165-115X(1)(c) | 1.128 |
| Item 18, paragraph 165-115ZB(3)(b) | 1.153 |
| Item 18, paragraph 165-115ZB(6)(f) | 1.160, Example 1.15 |
| Item 18, paragraphs 165-115P(1)(a) or 165-115Q(1)(a) | 1.75 |
| Item 18, paragraphs 165-115P(1)(b) and 165-115Q(1)(b) | 1.76 |
| Item 18, paragraphs 165-115X(1)(a) and (b) | 1.127 |
| Item 18, section 165-115F of Subdivision 165-CC | 1.104 |
| Item 18, section 165-115J | 1.37 |
| Item 18, section 165-115L | 1.67 |
| Item 18, section 165-115M | 1.71 |
| Item 18, section 165-115N | 1.72 |
| Item 18, section 165-115Q | 1.64 |
| Item 18, section 165-115R | 1.84 |
| Item 18, section 165-115T | 1.99 |
| Item 18, section 165-115U | 1.111 |
| Item 18, section 165-115X(3) and (4) | 1.132 |
| Item 18, section 165-115ZA | 1.140 |
| Item 18, section 165-115ZB | 1.140 |
| Item 18, section 165-115ZC(5) | 1.165 |
| Item 18, sections 165-115R and 165-115S | 1.82 |
| Item 18, sections 165-115V(2) and 165-115W(2) | 1.108 |
| Item 18, sections 165-115X and 165-115Y | 1.118 |
| Item 18, subsection 115-165S(2) | 1.90 |
| Item 18, subsection 165-115 ZA(9) | 1A.14 |
| Item 18, subsection 165-115 ZB(2) | 1.151 |
| Item 18, subsection 165-115K(1) | 1.61 |
| Item 18, subsection 165-115K(4) | 1.42, 1.70 |
| Item 18, subsection 165-115K(5) | 1.59, 1.60 |
| Item 18, subsection 165-115R(2) | 1.85 |
| Item 18, subsection 165-115R(3) | 1.86 |
| Item 18, subsection 165-115S(3) | 1.91 |
| Item 18, subsection 165-115U(1), step 1 | 1.113 |
| Item 18, subsection 165-115U(1), step 2 | 1.114 |
| Item 18, subsection 165-115U(1), steps 3 and 4 | 1.115 |
| Item 18, subsection 165-115U(1) | 1.110 |
| Item 18, subsection 165-115U(2) | 1.116 |
| Item 18, subsection 165-115V(8) | 1.102, 1.104 |
| Item 18, subsection 165-115W(1) | 1.107 |
| Item 18, subsection 165-115X(2) | 1.130 |
| Item 18, subsection 165-115X(3) | 1.131 |
| Item 18, subsection 165-115Y(3) | 1.137 |
| Item 18, subsection 165-115Y(4) and (5) | 1.138 |
| Item 18, subsection 165-115Z(1) | 1.123 |
| Item 18, subsection 165-115Z(2) | 1.126 |
| Item 18, subsection 165-115ZA(10) | 1A.18 |
| Item 18, subsection 165-115ZA(2) | 1.144 |
| Item 18, subsection 165-115ZA(3) | 1.141 |
| Item 18, subsection 165-115ZA(5) | 1.143, 1A.1 |
| Item 18, subsection 165-115ZA(6) | 1A.2 |
| Item 18, subsection 165-115ZA(7) | 1A.3 |
| Item 18, subsection 165-115ZA(9) | 1A.12 |
| Item 18, subsection 165-115ZB (3) | 1.152 |
| Item 18, subsection 165-115ZB(2) | 1.149 |
| Item 18, subsection 165-115ZB(4) | 1.141, 1.153 |
| Item 18, subsection 165-115ZB(5) | 1.155 |
| Item 18, subsection 165-115ZB(6) | 1.156, 1.158 |
| Item 18, subsection 165-115ZB(7) | 1.159 |
| Item 18, subsection 165-115ZC(2) and subsection 165-115ZC(3) | 1.163 |
| Item 18, subsection 165-115ZC(5) | 1.166 |
| Item 18, subsection 165-115ZC(6) | 1.167 |
| Item 18, subsection 165-115ZC(7) | 1.168 |
| Item 18, subsection 165-115ZC(8) | 1.169 |
| Item 18, subsections 165-115P(1) and 165-115Q(1) | 1.74 |
| Item 18, subsections 165-115P(3) and 115Q(3) | 1.75 |
| Item 18, subsections 165-115P(3) and 165-115Q(3) | 1.77 |
| Item 18, subsections 165-115P(4) and 165-115Q(4) | 1.77, 1.78 |
| Item 18, subsections 165-115P(5) and 165-115Q(5) | 1.78 |
| Item 18, subsections 165-115P(6) and 165-115Q(6) | 1.79 |
| Item 18, subsections 165-115R(5) and 165-115S(5) | 1.93 |
| Item 18, subsections 165-115R(6) and 165-115S(6) | 1.96 |
| Item 18, subsections 165-115V(6) and (7) | 1.109 |
| Item 18, subsections 165-115X(3) and (4) and 165-115Y(4) and (5) | 1.50 |
| Item 18, subsections 165-115X(5) and 165-115Y(6) | 1.45 |
| Item 18, subsections 165-115X(6) and 165-115Y(7) | 1.46 |
| Item 18, subsections 165-115X(7) and 165-115Y(8) | 1.45 |
| Item 18, subsections 165-115Y(1) and 165-115Y(2) | 1.136 |
| Item 18, subsections 165-115ZA(5) and (6) | 1.66 |
| Item 18, subsections 165-115ZB(3) and 165-115ZB(6) | 1.147 |
| Item 18, subsections 165-115ZC(2) and 165-115ZC(4) | 1.161 |
| Item 21, subsection 165-150(2) | 2.52 |
| Item 21, subsections 165-150(2), 165-155(2) and 165-160(2) | 2.52 |
| Item 21, subsections 165-155(1) and 165-160(1) | 2.52 |
| Item 22, subsection 165-165(1) | 2.10 |
| Item 22, subsections 165-165(2) to (6) | 2.16 |
| Item 22, subsections 165-165(3) and (5) | 2.13 |
| Item 23, Heading to section 165-200; Item 25, section 165-200 | 2.37 |
| Item 25, subsection 165-200(2) | 2.38 |
| Item 26, subsection 165-215(2) and (3); item 27, subsection 165-215(5); item 28, subsection 165-230(2) and (3) | 2.57 |
| Item 30, paragraph 166-80(3)(a) | 2.45 |
| Item 30, paragraph 166-85(2)(a) and subsection 166-85(5) | 2.76 |
| Item 30, section 166-80 | 2.45, 2.76 |
| Item 30, section 166-90 and subsection 166-85(5), paragraph 166-85(2)(a) | 2.48 |
| Item 30, section 166-90 | 2.41, 2.76 |
| Item 30, subsection 165-85(2) | 2.47 |
| Item 30, subsection 166-170(9) | 2.35 |
| Item 30, subsection 166-80(2) and (3) | 2.44 |
| Item 30, subsections 166-80(1) and 166-85(1) to (3) | 2.76 |
| Item 30, subsections 166-85(1) to (3) | 2.46 |
| Item 31, subsections 166-145(2) to (4); item 32, section 166-150; item 35, paragraph 166-265(1)(a); item 36, subsections 166-265(2) and (3) | 2.53 |
| Item 33, section 166-165 | 2.55 |
| Item 34, subsection 166-170(1) and (2) | 2.19 |
| Item 34, subsection 166-170(3) to (6) | 2.22 |
| Items 37, 43, 48 and 54, paragraphs 170-210(3)(aa), 170-215(3)(aa), 170-220(3)(aa) and 170-225(3)(aa) | 3.11 |
| Items 38 and 49, paragraphs 170-210(3)(ba) and 170-220(3)(ba) | 1.173 |
| Items 38 and 49, paragraphs 170-210-(3)(ba) and 170-220(3)(aa) | 3.12 |
| Items 39 and 50, subsections 170-210(3A) and 170-220(3A) | 3.17, 3.19 |
| Item 39 and 50, subsections 170-210(3B) and 170-220(3B) | 3.26 |
| Item 40, section 170-210 notes | 3.40 |
| Items 41, 42, 52, 53, paragraphs 170-215(1)(h), 170-225(1)(g), 170-215(2)(h) and 170-225(2)(h) | 3.32 |
| Items 43 and 54, paragraph 170-215(3)(ab) and paragraph 170-225(3)(ab) | 3.33 |
| Items 44 and 55, subsections 170-215(4A) and 170-225(4A) | 3.37 |
| Items 45 and 52, sections 170-215 note and 170-220 note 3 | 3.41 |
| Items 46 and 47, subsections 170-220(1), 170-220(2) and 170-220(3) | 3.8 |
| Items 56 and 57, paragraphs 170-260(4)(a) and 170-265(3)(a) | 4.10 |
| Items 56, 59, 62, 64, 65 and 65A, subparagraphs 170-255(1)(b)(ii) and (iii), paragraphs 170-275(1)(c), subsection 170-280(1) and 170-280(3) | 4.12 |
| Items 57, 58, subparagraph 170-255(1)(d)(v) | 4.7 |
| Items 60 and 61, existing subsection 170-260(4) and paragraph 170-265(3)(a) | 4.09 |
| Item 64, paragraph 170-280(1)(b) | 4.16 |
| Item 64, paragraph 170-280(1)(c) | 4.16 |
| Item 64, paragraph 170-280(1)(d) | 4.16 |
| Item 64, subsection 170-280(1) | 4.14 |
| Item 64, subsection 170-280(1A) | 4.20 |
| Item 64 | 4.15 |
| Item 66, subsection 170(10AA) of the ITAA 1936 | 1.145 |
| Item 67, paragraph 427(ba) | 2.77 |
| Item 67, proposed paragraph 427(ba) of the ITAA 1936 | 1.54 |
| Subitem 68(1) | 2.85 |
| Subitem 68(2) | 2.83 |
| Subitem 68(2) | 2.89 |
| Subitem 68(4) | 3.42 |
| Subitem 68(4A) and 68(5) | 3.43 |
| Subitem 68(3) | 2.84, 2.85 |
| Subitem 68(6) | 4.21 |
Schedule 2: Life insurance companies
| Bill reference | Paragraph No. |
|---|---|
| Item 5, paragraph 26AH(7)(b) | 5.213 |
| Item 6, subsection 70B(2A) | 5.219 |
| Item 6A, subsection 26AH(6) | 5.215 |
| Item 7, subsection 92(2A) | 5.221 |
| Items 8, 10 and 11, subsection 110(1) | 5.229 |
| Item 9, subsection 110(1) | 5.227 |
| Items 12 and 23, section 110A | 5.243 |
| Items 13 and 14, section 116CB | 5.226 |
| Item 15, section 116CD | 5.232 |
| Items 16, 18 and 19, subsection 116E(1) | 5.239 |
| Item 17, subsection 116E(1) | 5.239 |
| Items 20 and 21, section 116GA | 5.237 |
| Item 22, section 116GB | 5.242 |
| Item 23 | 5.244 |
| Item 24, section 121 | 5.245 |
| Items 25 and 26, section 160AAB | 5.250 |
| Item 33, subsection 267(1) | 5.286 |
| Item 38, subsection 267(1) | 5.252 |
| Item 39, subsection 267(1) | 5.254 |
| Item 43, subsection 273A(1) and (1A) | 5.252, 5.254 |
| Item 43, subsection 273A(2) | 5.256 |
| Item 43, subsection 273A(3) | 5.257 |
| Item 43, subsection 273A(4) | 5.258 |
| Item 43, subsection 273A(5) | 5.260 |
| Item 43, subsection 273A(6) | 5.261 |
| Item 43, subsection 273A(7) | 5.262 |
| Item 43, section 273B | 5.269 |
| Item 43, subsection 273C(1) | 5.270, 5.271 |
| Item 43, subsection 273C(2) | 5.273, 5.274 |
| Item 43, subsection 273C(3) | 5.272 |
| Item 43, subsection 273C(4) | 5.275 |
| Item 43, subsection 273D(1) | 5.277, 5.278 |
| Item 43, subsection 273D(2) | 5.279 |
| Item 43, subsection 273D(3) | 5.280 |
| Item 43, subsection 273D(4) | 5.281 |
| Item 43, subsection 273D(5) | 5.282 |
| Item 43, subsection 273D(6) | 5.283 |
| Item 43, section 273E | 5.284 |
| Item 43, section 273F | 5.285 |
| Item 43, subsection 273G(1) | 5.288 |
| Item 43, subsection 273G(2) | 5.289 |
| Item 43, subsection 273G(3) | 5.291 |
| Item 43, subsection 273G(4) | 5.292 |
| Item 43, subsection 273H(1) | 5.293 |
| Item 43, subsection 273H(2) | 5.294 |
| Item 43, subsection 273H(3) | 5.295 |
| Item 43, subsection 273H(4) | 5.296 |
| Item 43, subsection 273H(5) | 5.297 |
| Item 43, subsection 273H(6) | 5.298 |
| Item 43, subsection 273H(7) | 5.299 |
| Item 43, subsection 273H(8) | 5.300 |
| Item 43, section 273J | 5.265 |
| Item 43, section 273K | 5.267 |
| Items 44 and 45, subsection 275(2A) | 5.334 |
| Items 46 and 47, subsections 275(7), (8) and (9) | 5.334 |
| Item 48, subsection 279E(3) | 5.308 |
| Item 49, subsection 281A(1) | 5.301 |
| Item 49, subsection 281A(2) | 5.302 |
| Item 49, subsection 281A(3) | 5.303 |
| Item 49 subsections 281A(4) and (5) of the ITAA 1936 | 5.312 |
| Item 49, subsection 281AA(1) | 5.304 |
| Item 49, subsection 281AA(2) | 5.305 |
| Item 49 subsections 281AA(3) and (4) of the ITAA 1936 | 5.313 |
| Item 49, subsection 281B(1) | 5.306 |
| Item 49, subsection 281B(2) | 5.307 |
| Item 49A, section 282C of the ITAA 1936 | 5.317 |
| Item 50, section 283 | 5.320 |
| Item 51, subsection 296A(1) | 5.321 |
| Item 51, subsection 296A(2) | 5.322 |
| Item 51, subsection 296A(3) | 5.323 |
| Item 51, subsection 296AA(1) | 5.324 |
| Item 51, subsection 296AA(2) | 5.325 |
| Item 51, subsection 296B(1) | 5.326 |
| Item 51, subsection 296B(2) | 5.327 |
| Item 52, section 297B | 5.255, 5.328 |
| Item 52, section 297BA | 5.331 |
| Items 55 to 60, sections 317 and 446 | 5.335 |
| Items 66 and 69, sections 50-20 and 50-72 | 5.336 |
| Items 66, 67 and 70 | 5.337 |
| Item 71, section 102-3 | 5.167 |
| Item 74 and 75, section 110-25 | 5.168 |
| Items 77 to 79, section 114-5, section 115-10 and section 115-100 | 5.166 |
| Item 78, section 115-10 | 5.169 |
| Item 79, section 115-100 | 5.170 |
| Items 79A, 79B and 83A, subsection 118-300(1) and subparagraph 152-20(2)(b)(v) of the ITAA 1997 | 5.338 |
| Item 81, section 118-315 | 5.45 |
| Item 81, section 118-320 | 5.253 |
| Item 82, section 118-355 | 5.255 |
| Item 84, Division 320 | 5.26 |
| Item 84, section 320-1 | 5.29 |
| Item 84, section 320-5 | 5.30 |
| Item 84, section 320-15 | 5.31, 5.32 |
| Item 84, section 320-20 | 5.39 |
| Item 84, section 320-25 | 5.40 |
| Item 84, section 320-30 | 5.43 |
| Item 84, section 320-35 | 5.45 |
| Item 84, section 320-40 | 5.52 |
| Item 84, section 320-45 | 5.164 |
| Item 84, section 320-55 | 5.56 |
| Item 84, section 320-60 | 5.57 |
| Item 84, section 320-65 | 5.58 |
| Item 84, section 320-70 | 5.64 |
| Item 84, section 320-75 | 5.67 |
| Item 84, section 320-80 | 5.73 |
| Item 84, subsection 320-80(2) | 5.74 |
| Item 84, subsection 320-80(3) | 5.76 |
| Item 84, section 320-85 | 5.77 |
| Item 84, subsection 320-85(2) | 5.80 |
| Item 84, subsection 320-85(3) | 5.83 |
| Item 84, subsection 320-85(4) | 5.81 |
| Item 84 section 320-87 | 5.93 |
| Item 84, section 320-90 | 5.95 |
| Item 84, section 320-95 | 5.96 |
| Item 84, section 320-100 | 5.97 |
| Item 84, subsection 320-105(1) | 5.101 |
| Item 84, subsection 320-105(2) | 5.103 |
| Item 84, section 320-110 | 5.106 |
| Item 84, section 320-115 | 5.107 |
| Item 84, section 320-120 | 5.110 |
| Item 84, section 320-125 | 5.163 |
| Item 84, section 320-135 | 5.108 |
| Item 84, section 320-140 | 5.109 |
| Item 84, section 320-145 | 5.107, 5.111 |
| Item 84, section 320-155 | 5.116 |
| Item 84, section 320-160 | 5.117, 5.120 |
| Item 84, subsections 320-170(1), (1A) and (6) | 5.121 |
| Item 84, subsection 320-170(2) | 5.123 |
| Item 84, subsection 320-170(3) | 5.124 |
| Item 84, subsection 320-170(4) | 5.126 |
| Item 84, subsection 320-170(5) | 5.127 |
| Item 84, subsection 320-170(7) | 5.128 |
| Item 84, paragraph 320-170(7)(b) | 5.32 |
| Item 84, section 320-175 | 5.135 |
| Item 84, subsection 320-180(1) | 5.137 |
| Item 84, subsection 320-180(2) | 5.139 |
| Item 84, subsection 320-180(3) | 5.138 |
| Item 84, subsection 320-180(4) | 5.140 |
| Item 84, subsection 320-185(1) | 5.142 |
| Item 84, subsection 320-185(2) | 5.143 |
| Item 84, subsection 320-185(3) | 5.144 |
| Item 84, section 320-190 | 5.149 |
| Item 84, subsection 320-195(1) | 5.152, 5.190 |
| Item 84, subsection 320-195(2) | 5.154 |
| Item 84, subsection 320-195(3) | 5.155 |
| Item 84, subsection 320-195(4) | 5.157 |
| Item 84, subsection 320-200(1) | 5.158 |
| Item 84, subsection 320-200(2) | 5.159 |
| Item 84, subsection 320-200(3) | 5.94, 5.160 |
| Item 84, subsections 320-205(1), (3) and (4) | 5.161 |
| Item 84, subsection 320-205(2) | 5.162 |
| Item 84, section 320-215 | 5.171 |
| Item 84, section 320-225 | 5.172 |
| Item 84, subsection 320-225(2) | 5.175 |
| Item 84, subsection 320-225(3) | 5.176 |
| Item 84, section 320-230 | 5.184 |
| Item 84, subsection 320-225(4) | 5.177 |
| Item 84, subsection 320-225(5) | 5.179 |
| Item 84, subsection 320-225(6) | 5.180 |
| Item 84, subsection 320-235(1) | 5.186 |
| Item 84, subsection 320-235(2) | 5.188 |
| Item 84, subsection 320-235(3) | 5.187 |
| Item 84, subsection 320-235(4) | 5.189 |
| Item 84, subsection 320-240(1) | 5.191 |
| Item 84, subsection 320-240(2) | 5.192 |
| Item 84, subsection 320-240(3) | 5.193 |
| Item 84, subsection 320-245(2) | 5.195 |
| Item 84, subsection 320-245(3) | 5.196 |
| Item 84, subsection 320-250(1) | 5.198 |
| Item 84, subsection 320-250(2) | 5.199 |
| Item 84, subsection 320-250(3) | 5.201 |
| Item 84, subsection 320-250(4) | 5.202 |
| Item 84, subsection 320-255(1) | 5.203 |
| Item 84, subsection 320-255(2) | 5.204 |
| Item 84, subsection 320-255(3) | 5.205 |
| Item 84, subsection 320-255(4) | 5.206 |
| Item 84, subsection 320-255(5) | 5.207 |
| Item 84, subsection 320-255(6) | 5.208 |
| Item 84, subsection 320-255(7) | 5.209 |
| Item 84, subsection 320-255(8) | 5.210 |
| Items 85 and 86, sections 110-25 and 114-5 of the Transitional Provisions Act | 5.230, 5.240 |
| Item 86, section 115-10 of the Transitional Provisions Act | 5.231, 5.241 |
| Item 87, section 320-5 of the Transitional Provisions Act | 5.134 |
| Item 87, section 320-85 of the Transitional Provisions Act | 5.84 |
| Item 87, section 320-170 of the Transitional Provisions Act | 5.129 |
| Item 87, section 320-225 of the Transitional Provisions Act | 5.181 |
| Item 87, subsection 320-175(1) of the Transitional Provisions Act | 5.131 |
| Item 87, subsection 320-175(2) of the Transitional Provisions Act | 5.136 |
| Item 87, subsection 320-230(1) of the Transitional Provisions Act | 5.182 |
| Item 87, subsection 320-230(2) of the Transitional Provisions Act | 5.185 |
| Item 111, section 23A of the Income Tax Rates Act 1986 | 5.342 |
| Item 111, subsections 23B(2) and (3) of the Income Tax Rates Act 1986 | 5.345 |
| Item 111, subsections 23B(4) and (5) of the Income Tax Rates Act 1986 | 5.348 |
| Item 111, subsections 23C(2) and (3) of the Income Tax Rates Act 1986 | 5.350 |
| Item 111, subsections 23C(4) and (5) of the Income Tax Rates Act 1986 | 5.353 |
| Items 112 and 113, subsections 23C(4) and (5) of the Income Tax Rates Act 1986 | 5.354 |
| Item 114, subsection 45-120(2A) of the TAA 1953 | 5.356 |
| Item 115, subsection 45-330(3) | 5.358 |
| Item 116, subsection 45-330(3) of the TAA 1953 | 5.357 |
| Item 117, subsection 45-370(3) | 5.359 |
Schedule 3, Part 1: Imputation - PAYG instalments
| Bill reference | Paragraph No. |
|---|---|
| Items 1 to 11 | 6.36 |
| Item 12 section 160APBC | 6.34 |
| Item 12, paragraph 160APBB(2)(c) | 6.11, 6.13, 6.14 |
| Item 12, paragraphs 160APBB(2)(a) and (b) | 6.10 |
| Item 12, section 160APBD(3) | 6.27 |
| Item 12, section 160APBD | 6.26, 7.30 |
| Item 12, subsection 160APBB(1) | 6.9 |
| Item 12, subsection 160APBB(4) | 6.21, 6.22 |
| Item 12, subsection 160APBD(3) | 7.31, 7.42 |
| Item 12, subsections 160APBB(3) and (4) | 6.15 |
| Items 13 to 16 | 6.36 |
| Item 17, section 160APME | 6.7 |
| Item 17, section 160APMF | 6.32 |
| Item 17, section 160APMG | 6.8 |
| Item 18, section 160APYBAA | 6.24, 6.25 |
| Item 18, section 160APYBAB | 6.33 |
| Items 19 to 28 | 6.36 |
| Item 29 | 6.35 |
Schedule 3, Part 2: Imputation - life assurance companies
| Bill reference | Paragraph No. |
|---|---|
| Items 30 and 33, subsection 6(1) | 7.102 |
| Items 30 to 36, 40 to 42, 46 to 55, 57 to 59, 63, 68 and 70 | 7.121 |
| Items 30 to 36, subsections 6(1) and 46(1) | 7.104 |
| Items 37 and 43, subsections 46(1A) and 46A(6A) | 7.100 |
| Items 38 and 44, subsections 46(6AA) and 46A(8AA) | 7.103 |
| Items 39 and 45, subsections 46(10) and 46A(17) | 7.101 |
| Item 54, section 160APA | 7.12 |
| Item 56, section 160APBE | 7.17 |
| Item 60, subsection 160APP(5) | 7.108 |
| Items 61 and 62, subsections 160APPA(9) and 160APQ(3) | 7.109 |
| Items 64 and 74 | 7.91 |
| Items 64 to 66 and 74 | 7.95 |
| Item 67, section 160APVJ | 7.15, 7.44, 7.45, 7.57 |
| Item 67, section 160APVK | 7.19 |
| Item 67, section 160APVL | 7.21 |
| Item 67, section 160APVM | 7.22 |
| Item 67, section 160APVN | 7.47 |
| Item 67, section 160APVO | 7.23 |
| Item 69, subsection 160AQCA(3) | 7.110 |
| Item 71, paragraph 160AQCCA(3A)(b) | 7.80 |
| Items 71 to 74 | 7.83 |
| Item 75, paragraph 160AQCNCD(3)(a) | 7.36, 7.62 |
| Item 75, paragraph 160AQCNCD(3)(b) | 7.36 |
| Item 75, section 160AQCNCB | 7.18, 7.46, 7.57 |
| Item 75, section 160AQCNCC | 7.24, 7.84 |
| Item 75, section 160AQCNCE | 7.42 |
| Item 75, section 160AQCNCF | 7.81, 7.82 |
| Item 75, section 160AQCNCG | 7.59 |
| Item 75, section 160AQCNCH | 7.92, 7.93 |
| Item 75, section 160AQCNCI | 7.62 |
| Item 75, section 160AQCNCJ | 7.67 |
| Item 75, subsection 160AQCNCC(3) | 7.60 |
| Item 75, subsection 160AQCNCD(1) | 7.32 |
| Item 75, subsection 160AQCNCD(2) | 7.33 |
| Item 75, subsections 160AQCNCC(1) and (2) | 7.28 |
| Item 75, subsections 160AQCNCC(4) and (5) | 7.29 |
| Item 77, subsection 160AQT(1C) | 7.113 |
| Items 78 to 82 | 7.122 |
| Item 83, paragraph 160ASEP(1)(I) | 7.116 |
Schedule 3, Part 3: Imputation - conversion of franking account balances
| Bill reference | Paragraph No. |
|---|---|
| Item 85, paragraph 160ATA(1)(aa) | 8.16 |
| Item 86, section 160ATC | 8.14 |
| Item 87, subparagraphs 160ATD(1)(b)(ii) and (iii) | 8.22 |
| Items 88 and 89 | 8.20 |
| Item 90 | 8.53 |
| Item 91, paragraph 160ATDA(1)(b) | 8.47 |
| Item 91, paragraph 160ATDA(2)(b) | 8.55 |
| Item 91, section 160ATDA | 8.46 |
| Item 91, subsection 160ATDA(2) | 8.48 |
| Item 92 | 8.24 |
| Item 93, paragraphs 160ATF(1)(a) and (aa) | 8.28 |
| Item 94, paragraph 160ATF(2)(c), items 2 and 3 in the table | 8.33 |
| Item 95, subsection 160ATG(1) | 8.35 |
| Item 96, subsection 160ATH(3) | 8.38 |
| Item 97 | 8.53 |
Schedule 3, Part 4: Imputation - thresholds for franking credit trading rules
| Bill reference | Paragraph No. |
|---|---|
| Item 98, new section 160APHT | 9.6 |
| Item 99 | 9.9 |
| Item 100 | 9.10 |
Schedule 4, CGT: Capital payments for trust interests
| Bill reference | Paragraph No. |
|---|---|
| Item 1 and 2 | 10.22 |
| Item 3 | 10.22 |
| Item 4, subsection 104-71(4) to (6) | 10.15 |
| Item 4, subsection 104-71(7) to (9) | 10.17 |
| Item 4, subsection 104-72 | 10.19 |
| Item 4, subsections 104-71(1) to (3) | 10.12 |
| Item 5 | 10.21 |
Schedule 5: Script for scrip roll-over
| Bill reference | Paragraph No. |
|---|---|
| Item 1, subsection 104-25(5) | 11.75 |
| Item 2, subsection 104-230(10) | 11.31 |
| Item 3, section 112-53 | 11.76 |
| Item 4, paragraphs 124-780(2)(a) and 124-781(2)(a) | 11.19 |
| Item 4, paragraph 124-780(2)(b) | 11.21 |
| Item 4, paragraphs 124-780(2)(c) and 124-781(2)(c) | 11.22 |
| Item 4, paragraph 124-780(3)(c) | 11.26 |
| Item 4, paragraphs 124-780(3)(d) and 124-781(3)(c) | 11.44 |
| Item 4, paragraphs 124-780(3)(e) and 124-781(3)(d) | 11.45 |
| Item 4, subsections 124-780(5) and 124-781(4) | 11.60 |
| Item 4, subsections 124-780(6) and 124-781(5) | 11.59 |
| Item 4, paragraph 124-781(2)(b) | 11.21 |
| Item 4, subsection 124-782(1) and subsections 124-783(1), (6) and (7) | 11.37 |
| Item 4, subsection 124-782(1) and subsections 124-783(3), (5), (9) and (10) | 11.41 |
| Item 4, section 124-784 | 11.47 |
| Item 4, subsection 124-783 (4) and (5) | 11.42 |
| Item 4, subsection 124-783(2) | 11.39 |
| Item 4, subsection 124-783(8) | 11.38 |
| Item 4, subsection 124-784(3) | 11.48 |
| Item 5, subsections 124-790(1) | 11.65 |
| Item 6, repealed subsection 124-790(3) | 11.66 |
| Item 7, subsection 124-795(1) | 11.27 |
| Item 8, subsections 124-795(3) | 11.63 |
| Item 9, subsections 124-795(4) and (5) | 11.52 |
| Item 10, subsection 124-800(1) | 11.67 |
| Item 10, subsection 124-800(2) | 11.31 |
| Item 11, repealed section 124-805 | 11.77 |
| Item 12, subsections 124-810(1) and (2) | 11.78 |
| Items 13 to 29, section 136-10 | 11.69 |
| Item 30, section 136-25 | 11.70 |
| Item 31 | 11.73 |
| Items 32 and 33, subsections 396(3) and 406(3) | 11.80 |
| Subitem 34(1) | 11.71 |
| Subitem 34(2) | 11.72 |
Schedule 6: Technical amendment relating to excess deductions for mining or exploration expenditure
| Bill reference | Paragraph No. |
|---|---|
| Item 1 | 2.82 |
| Item 2 | 2.93 |
Schedule 7: PAYG instalments: anti-avoidance rules
| Bill reference | Paragraph No. |
|---|---|
| Item 1, Table item 17H | 12.54 |
| Item 2, subsection 45-5(1) | 12.14 |
| Item 2, subsection 45-5(2) | 12.14 |
| Item 2, subsection 45-5(5) | 12.14 |
| Item 2, subsection 45-5(6) | 12.14 |
| Item 2, subsections 45-5(3) and (4) | 12.14 |
| Item 3, paragraph 45-600(1)(c) | 12.26 |
| Item 3, paragraph 45-600(3)(a) | 12.28 |
| Item 3, paragraph 45-600(3)(b) | 12.28 |
| Item 3, paragraph 45-600(3)(c) | 12.28 |
| Item 3, paragraph 45-600(3)(f) | 12.28 |
| Item 3, paragraph 45-600(3)(g) | 12.28 |
| Item 3, paragraph 45-600(3)(i) | 12.28 |
| Item 3, paragraph 45-600(3)(j) | 12.28 |
| Item 3, paragraphs 45-600(3)(d) and (e) | 12.28 |
| Item 3, paragraphs 45-600(3)(h) | 12.28 |
| Item 3, section 45-610 | 12.35, 12.37 |
| Item 3, section 45-630 | 12.43 |
| Item 3, Subdivision 45-P | 12.16 |
| Item 3, subsection 45-595(1) | 12.18 |
| Item 3, subsection 45-595(2) | 12.19 |
| Item 3, subsection 45-595(3) | 12.20 |
| Item 3, subsection 45-600(1) | 12.21 |
| Item 3, subsection 45-600(2) | 12.23 |
| Item 3, subsection 45-600(4) | 12.22 |
| Item 3, subsection 45-605(1) | 12.31 |
| Item 3, subsection 45-605(2) | 12.32 |
| Item 3, subsection 45-605(3) and section 45-615 | 12.33 |
| Item 3, subsection 45-605(4) | 12.34 |
| Item 3, subsection 45-620(3) | 12.39 |
| Item 3, subsection 45-620(4) | 12.40 |
| Item 3, subsection 45-625(1) | 12.42 |
| Item 3, subsection 45-625(2) | 12.44 |
| Item 3, subsection 45-625(3) | 12.45 |
| Item 3, subsection 45-625(4) | 12.46 |
| Item 3, subsection 45-635(4) | 12.48 |
| Item 3, subsection 45-640(1) | 12.50 |
| Item 3, subsection 45-640(2) | 12.51 |
| Item 3, subsections 45-620(1) and (2) | 12.38 |
| Item 3, subsections 45-635(1), (2) and (3) | 12.47 |
| Item 3, subsections 45-635(5), (6) and (7) | 12.49 |
Schedule 8: Technical corrections relating to deducting prepayments
| Bill reference | Paragraph No. |
|---|---|
| Item 1 | 2.83 |
| Items 2 and 4 | 2.84 |
| Item 3 | 2.85 |
| Items 5 to 7 | 2.86 |
| Item 8 | 2.87 |
| Items 9 and 10 | 2.88 |
| Item 11 | 2.94 |
Schedule 9: Consequential amendments of Chapter 6 (to the Dictionary) of the ITAA 1997
| Bill reference | Paragraph No. |
|---|---|
| Item 2, subsection 995-1(1) | 5.196 |
| Item 3, subsection 995-1(1) | 5.196 |
| Item 11, subsection 995-1(1) | 5.88 |
| Item 12, subsection 995-1(1) | 5.32, 5.98 |
| Item 14, subsection 995-1(1) | 5.70 |
| Item 16, subsection 995-1(1) | 5.85 |
| Item 17, section 995-1 | 5.61 |
| Item 19, subsection 995-1(1) | 5.146 |
| Item 20, subsection 995-1(1) | 5.147, 5.173 |
| Item 27, subsection 995-1(1) | 5.105 |
| Item 29, subsection 995-1(1) | 5.16 |
| Item 30, subsection 995-1(1) | 5.17 |
| Item 31, subsection 995-1(1) | 5.32 |
| Item 33, subsection 995-1(1) | 5.69 |
| Item 34, subsection 995-1(1) | 5.68 |
| Item 35, subsection 995-1(1) | 5.78 |
| Item 40, section 995-1 | 5.59 |
| Item 41, subsection 995-1(1) | 5.149 |
| Item 47, subsection 995-1(1) | 5.172 |
| Item 48, subsection 995-1(1) | 5.16 |
| Item 51, subsection 995-1(1) | 5.32 |
| Item 53, subsection 995-1(1) | 5.32 |
| Item 60, subsection 995-1(1) | 5.32, 5.102, 5.125 |
| Item 61, subsection 995-1(1) | 11.77 |
| Item 62, subsection 995-1(1) | 11.79 |
| Item 72, subsection 995-1(1) | 5.145 |
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