Budget Savings (Omnibus) Act 2016 (55 of 2016)

Schedule 12   Interest charge

Part 2   Application, saving and transitional provisions

46   Application and transitional provisions - family assistance amendments

(1) Paragraph 78(1)(a) of the A New Tax System (Family Assistance) (Administration) Act 1999, as amended by this Act, applies in relation to a notice given on or after the commencement of this item (whether the debt arose before, on or after that commencement).

(2) If:

(a) before the commencement of this item, the Secretary gave a person a notice under subsection 77(1) of the A New Tax System (Family Assistance) (Administration) Act 1999 in relation to a debt; and

(b) the whole or a part of that debt is outstanding immediately before that commencement;

then, on or after the commencement of this item, the Secretary must give the person another notice under subsection 77(1) of that Act, as amended by this Act, in relation to the debt.

(3) Paragraph 78A(1)(b) of the A New Tax System (Family Assistance) (Administration) Act 1999, as amended by this Act, applies in relation to a failure that occurs on or after the commencement of this item (whether the arrangement was entered into before, on or after that commencement).

(4) Paragraph 78A(4)(b) of the A New Tax System (Family Assistance) (Administration) Act 1999, as amended by this Act, applies in relation to a termination that occurs on or after the commencement of this item (whether the arrangement was entered into before, on or after that commencement).

(5) Subsection 91(1B) of the A New Tax System (Family Assistance) (Administration) Act 1999, as amended by this Act, applies in relation to a requirement to make a payment on or after the commencement of this item (whether the arrangement was entered into before, on or after that commencement).