House of Representatives
Tax and Superannuation Laws Amendment (2014 Measures No. 6) Bill 2014
Explanatory Memorandum
(Circulated by the authority of the Treasurer, the Hon. J. B. Hockey MP)Index
Schedule 1: Roll-overs for business restructures
| Bill reference | Paragraph number |
| Subclause 4(1) | 1.91 |
| Item 1, Division 615 | 1.38, 1.66, 1.75 |
| Item 1, section 615-1 | 1.74 |
| Item 1, sections 615-5 and 615-10 | 1.70 |
| Item 1, sections 615-5 and 615-45 | 1.39 |
| Item 1, subsections 615-5(2) and 615-10(2) | 1.43 |
| Item 1, sections 615-15, 615-20, 615-25, 615-30 and 615-35 | 1.71 |
| Item 1, section 615-30 | 1.68 |
| Item 1, sections 615-40, 615-45, 615-50, 615-55 and 615-60 | 1.72 |
| Item 1, paragraphs 615-45(c) and (d) | 1.58 |
| Item 1, section 615-50 | 1.44 |
| Item 1, subsection 615-50(3) | 1.48 |
| Item 1, section 615-55 | 1.50 |
| Item 1, subsection 615-55(1) | 1.51, 1.56 |
| Item 1, subsection 615-55(2) | 1.57 |
| Item 1, section 615-60 | 1.42 |
| Items 2 to 36, note 5 to section 121AS in the Income Tax Assessment Act 1936, paragraph 103-25(3)(a), table items 9, 10, 14D and 14E in section 112-115, subparagraphs 124-20(3)(a)(i) to (ii) and (v) to (vi), Subdivisions 124-G and 124-H, subsection 124-795(3), notes to subsections 124-795(3), 125-70(5) and 703-5(2), Group heading before section 703-65, note to section 703-65, heading to section 703-70, subsections 703-70(1) and (2), notes to subsection 703-70(2) and (3), heading to section 703-75, subsection 703-75(1), note to subsection 703-75(1), subsections 703-75(2) and (3), heading to 703-80, subsection 703-80(1) and note 2 to section 703-80 in the ITAA 1997, subsections 58T(1) and (2) and the note to subsection 58T(2) in the Petroleum Resource Rent Tax Act 1987 and paragraph 45-705(4)(a), subparagraphs 45-705(4)(d)(i) and (ii) and paragraphs 45-705(d) and 45-740(2)(a) in Schedule 1 to the Taxation Administration Act 1953 | 1.76 |
| Items 37 and 38, paragraphs 124-860(4)(b) and 126-225(1)(b) | 1.63 |
| Subitems 39(1) and (2) | 1.78 |
| Subitem 39(2) | 1.85 |
| Subitem 39(3) | 1.86 |
| Item 40 | 1.90 |
| Item 41, section 615-5 of the Income Tax (Transitional Provisions) Act 1997 | 1.79 |
| Item 41, sections 615-10, 615-15 and 615-20 of the Income Tax (Transitional Provisions) Act 1997 | 1.80, 1.81 |
Schedule 2: MIT withholding regime for foreign pension funds
| Bill reference | Paragraph number |
| Subclause 4(2) | 2.17 |
| Items 1 and 2, section 840-800 and subsection 840-805(4A) | 2.11 |
| Item 2, subsection 840-805(4C) | 2.13 |
| Items 2 and 3, subsection 840-805(4B) and the definition of 'foreign pension fund' in subsection 995-1(1) | 2.12 |
| Item 4, subsections 18-32(3) and (4) | 2.14 |
| Item 5 | 2.15 |
Schedule 3: Income tax exemption for Force Posture Initiatives
| Bill reference | Paragraph number |
| Item 1, subsection 23AA(1) | 3.15 |
| Item 2, subsection 23AA(1) | 3.18 |
| Item 2, subsection 23AA(1) definition of 'Force Posture Agreement' | 3.28 |
| Item 3 | 3.29 |
Schedule 4: Fuel tax credits
| Bill reference | Paragraph number |
| Subclause 2(1) | 4.26, 4.27 |
| Items 1 and 3, subsections 43-5(2A) and 43-10(6) of the Fuel Tax Act 2006 | 4.20 |
| Item 1, subsection 43-5(2A) of the Fuel Tax Act 2006 | 4.21 |
| Bill reference | Paragraph number |
| Items 2 and 4, subsections 43-6(1) and 43-6(2), section 110-5 (definition of fuel tax) of the Fuel Tax Act 2006 | 4.9 |
| Item 2, subsections 43-6(3) and 43-6(4) of the Fuel Tax Act 2006 | 4.14 |
| Item 5 | 4.24 |
Schedule 5: Energy Grants (Cleaner Fuels) Scheme
| Bill reference | Paragraph number |
| Item 1, subregulations 3A(2) and 3A(3) of the Energy Grants (Cleaner Fuels) Scheme Regulations 2004 | 4.23 |
| Items 1 to 5, subregulation 3A(1), Regulations 6 and 7C of the Energy Grants (Cleaner Fuels) Scheme Regulations 2004 | 4.22 |