House of Representatives
Treasury Laws Amendment (Support for Small Business and Charities and Other Measures) Bill 2023
Explanatory Memorandum
(Circulated by authority of the Assistant Treasurer and Minister for Financial Services, the Hon Stephen Jones MP)Glossary
This Explanatory Memorandum uses the following abbreviations and acronyms.
| Abbreviation | Definition |
| AASB 17 | Australian Accounting Standards Board Accounting Standard 17 Insurance Contracts |
| AASB 1023 | Australian Accounting Standards Board Accounting Standard 1023 General Insurance Contracts |
| ABN | Australian Business Number |
| ADF | Approved deposit fund |
| AFCA | Australian Financial Complaints Authority |
| AFCA Rules | Australian Financial Complaints Authority Complaint Resolution Scheme Rules |
| APRA | Australian Prudential Regulation Authority |
| Bill | Treasury Laws Amendment (Support for Small Business and Charities and Other Measures) Bill 2023 |
| Commissioner | Commissioner of Taxation |
| Corporations Act | Corporations Act 2001 |
| DGR | Deductible gift recipient |
| GI Hub | Global Infrastructure Hub Ltd |
| GST | Goods and services tax |
| ICCPR | International Covenant on Civil and Political Rights |
| IT(TP) Act | Income Tax (Transitional Provisions) Act 1997 |
| ITAA 1936 | Income Tax Assessment Act 1936 |
| ITAA 1997 | Income Tax Assessment Act 1997 |
| MetLife | MetLife Insurance Limited v Australian Financial Complaints Authority Limited [2022] FCAFC 173 |
| PST | Pooled superannuation trust |
| SIS Act | Superannuation Industry (Supervision) Act 1993 |
| SMSF | Self managed superannuation fund as defined in section 17A of the Superannuation Industry (Supervision) Act 1993 |
| TAA | Taxation Administration Act 1953 |
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