House of Representatives

Tax Laws Amendment (2014 Measures No. 1) Bill 2014

Tax Laws Amendment (2014 Measures No. 1) Act 2014

Explanatory Memorandum

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

Index

Schedule 1: Farm management deposits

Bill reference Paragraph number
Items 1 and 2, subsections 69(1A) and (1E) of the Banking Act 1.48
Items 3 to 5, paragraphs 165-55(5)(f) and 165-55(5)(j) 1.56
Items 6, 8, 9 and 11, notes 1 to subsections 393-5(1) and 393-10(1), note 1A to subsection 393-10(2) and the definition of 'unrecouped FMD deduction' in subsection 995-1(1) 1.45
Item 7, paragraph 393 5(1)(d) 1.46
Item 10, section 393-16 1.26
Item 10, subsection 393-16(1) 1.30
Item 10, paragraphs 393-16(1)(a) and (c) 1.31
Item 10, paragraph 393-16(1)(c) 1.34
Item 10, subsections 393-16(1) and (2) 1.28, 1.29
Item 10, subsection 393-16(3) 1.44
Item 10, subsection 393-16(4) 1.38
Item 12, section 393-30 of the Income Tax (Transitional Provisions) Act 1997 1.64
Item 13 1.58, 1.60

Schedule 2: Refunding excess GST

Bill reference Paragraph number
Items 1 to 9 and 12 to 14 2.100
Item 10, section 142-1 of the GST Act, item 27, section 105-65 in Schedule 1 to the TAA 1953 2.31
Item 10, subsection 142-5(1) of the GST Act 2.32
Item 10, subsection 142-5(2) of the GST Act 2.41
Item 10, paragraph 142-5(2)(a) of the GST Act 2.44
Item 10, paragraph 142-5(2)(b) of the GST Act 2.45
Item 10, section 142-10 of the GST Act 2.35, 2.37, 2.38, 2.46, 2.47, 2.50, 2.64
Item 10, note 1 in section 142 10 of the GST Act 2.49

Copyright notice

© Australian Taxation Office for the Commonwealth of Australia

You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).