House of Representatives

Treasury Legislation Amendment (Repeal Day) Bill 2014

Explanatory Memorandum

(Circulated by the authority of the Treasurer, the Hon J. B. Hockey MP)

[1]
UN Human Rights Committee General Comment 16, paragraph 4.

[2]
Ibid, paragraphs 8 and 10.

[3]
Joint Committee of Public Accounts, Report No. 326, An Assessment of Tax , p. 84.

[4]
Tax Reform : Not a New Tax , A New Tax System , August 1998, p. 149.

[5]
These can be found on the ATO's website: www.ato.gov.au.

[6]
Australia's exclusive economic zone is one of the largest in the world with the total marine area of around 10 million square kilometres which is considerably larger than the 7.69 million square kilometres of the Australian mainland States and Territories. The exclusive economic zone is made up of 8.2 million square kilometres off Australia and its remote offshore territories. It extends to a distance of not more than 200 nautical miles from the territorial sea baseline (Australian Government, Geoscience Australia, www.ga.gov.au).

[7]
http://www.ga.gov.au/data-pubs/maps.


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