Explanatory Memorandum
(Circulated by authority of the Treasurer, the Hon. Josh Frydenberg MP)Glossary
The following abbreviations and acronyms are used throughout this explanatory memorandum.
Abbreviation | Definition |
Act | Coronavirus Economic Response Package (Payments and Benefits) Act 2020 |
Bill | Coronavirus Economic Response Package (Jobkeeper Payments) Amendment Bill 2020 |
Coronavirus | Coronavirus known as COVID-19 |
Coronavirus Omnibus Act | Coronavirus Economic Response Package Omnibus (Measures No. 2) Act 2020 |
Fair Work Act | Fair Work Act 2009 |
FWC | Fair Work Commission |
JobKeeper payment | The payment provided under the JobKeeper scheme |
JobKeeper Amendment Rules No. 8 | Coronavirus Economic Response Package (Payments and Benefits) Amendment Rules (No. 8) 2020 |
JobKeeper Payment Rules | Coronavirus Economic Response Package (Payments and Benefits) Rules 2020 |
JobKeeper scheme | The Government-funded wage subsidy scheme administered by the Australian Taxation Commissioner under the Coronavirus Economic Response Package (Payments and Benefits) Act 2020 and Coronavirus Economic Response Package (Payments and Benefits) Rules 2020 |
NES | National Employment Standards |
ITAA 1997 | Income Tax Assessment Act 1997 |
TAA | Taxation Administration Act 1953 |