Explanatory Memorandum
(Circulated by the authority of the Deputy Prime Minister and Treasurer, the Hon Wayne Swan MP)Glossary
The following abbreviations and acronyms are used throughout this explanatory memorandum.
Abbreviation | Definition |
ALP | Australian Labor Party |
ASIC | Australian Securities and Investments Commission |
ATO | Australian Taxation Office |
CNG | compressed natural gas |
Commissioner | Commissioner of Taxation |
GIC | general interest charge |
ITAA 1997 | Income Tax Assessment Act 1997 |
LNG | liquefied natural gas |
LPG | liquefied petroleum gas |
PAYG | pay as you go |
PRRT | Petroleum Resource Rent Tax |
PRRTAA 1987 | Petroleum Resource Rent Tax Assessment Act 1987 |
SGA Act 1992 | Superannuation Guarantee (Administration) Act 1992 |
TAA 1953 | Taxation Administration Act 1953 |