House of Representatives

First Home Saver Accounts (Further Provisions) Amendment Bill 2008

First Home Saver Account Providers Supervisory Levy Imposition Bill 2008

First Home Saver Account Providers Supervisory Levy Imposition Act 2008

Explanatory Memorandum

Circulated By the Authority of the Treasurer, the Hon Wayne Swan Mp

Glossary

The following abbreviations and acronyms are used throughout this explanatory memorandum.

Abbreviation Definition
ADIs authorised deposit-taking institutions
APRA Australian Prudential Regulation Authority
APRA Act Australian Prudential Regulation Authority Act 1998
ASIC Australian Securities and Investments Commission
ASIC Act Australian Securities and Investments Commission Act 2001
ATO Australian Taxation Office
Commissioner Commissioner of Taxation
Corporations Act Corporations Act 2001
Family Law Act Family Law Act 1975
FHSA First Home Saver Accounts
FHSA Act First Home Saver Accounts Act 2008
FHSA (Further Provisions) Bill First Home Saver Accounts (Further Provisions) Amendment Bill 2008
FHSA Supervisory Levy Bill First Home Saver Accounts Providers Supervisory Levy Imposition Bill 2008
Financial Institutions Levy Collection Act Financial Institutions Supervisory Levies Collection Act 1998
ITAA 1936 Income Tax Assessment Act 1936
ITAA 1997 Income Tax Assessment Act 1997
RSE registrable superannuation entity
RSA retirement savings account
SIS Act Superannuation Industry (Supervision) Act 1993
TAA 1953 Taxation Administration Act 1953
TFN tax file number


Copyright notice

© Australian Taxation Office for the Commonwealth of Australia

You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).