Senate

Labor 2013-14 Budget Savings (Measures No. 2) Bill 2015

Revised Explanatory Memorandum

(Circulated by authority of the Treasurer, the Hon Scott Morrison MP)
This memorandum takes account of amendments made by the House of Representatives to the bill as introduced

Notes on clauses

Abbreviations used in this explanatory memorandum

Commissioner means the Commissioner of Taxation
HELP means the Higher Education Loan Programme
HESA means the Higher Education Support Act 2003
Social Security Act means the Social Security Act 1991
Social Security Administration Act means the Social Security (Administration) Act 1999
SSL means student start-up loan
Student Assistance Act means the Student Assistance Act 1973
Taxation Administration Act means the Taxation Administration Act 1953

Clause 1 sets out how the new Act is to be cited - that is, as the Labour 2013-14 Budget Savings (Measures No. 2) Act 2015.

Clause 2 provides a table that sets out the commencement dates of the various sections in, and Schedules to, the new Act.

Clause 3 provides that each Act that is specified in a Schedule is amended or repealed as set out in that Schedule.


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