House of Representatives

Coronavirus Economic Response Package Omnibus Bill 2020

Guarantee of Lending to Small and Medium Enterprises (Coronavirus Economic Response Package) Bill 2020

Australian Business Growth Fund (Coronavirus Economic Response Package) Bill 2020

Assistance for Severely Affected Regions (Special Appropriation) (Coronavirus Economic Response Package) Bill 2020

Assistance for Severely Affected Regions (Special Appropriation) (Coronavirus Economic Response Package) Act 2020

Structured Finance Support (Coronavirus Economic Response Package) Bill 2020

Structured Finance Support (Coronavirus Economic Response Package) Act 2020

Appropriation (Coronavirus Economic Response Package) Bill (No. 1) 2019-2020

Appropriation (Coronavirus Economic Response Package) Act (No. 1) 2019-2020

Appropriation (Coronavirus Economic Response Package) Bill (No. 2) 2019-2020

Appropriation (Coronavirus Economic Response Package) Act (No. 2) 2019-2020

Boosting Cash Flow for Employers (Coronavirus Economic Response Package) Bill 2020

Supplementary Explanatory Memorandum

(Circulated by authority of the Treasurer, the Hon. Josh Frydenberg MP)
Amendments to be moved on behalf of the Government

General outline and financial impact

Schedule 11

This amendment has been prepared by the Department of Social Services.

The amendments alter the commencement date of Schedule 11 to the Coronavirus Economic Response Package Omnibus Bill 2020 and make consequential amendments to Schedule 11.

Date of effect: The day after the Act receives the Royal Assent.

Proposal announced: The Government's economic responses to Coronavirus were announced on 12 March 2020, 18 March 2020 and 22 March 2020.

Financial impact: To be published in the next Budget update.

Human rights implications. Schedule 11 to this Bill does not raise human rights issues.

Compliance cost impact: An exemption from the Regulation Impact Statement requirements was granted by the Prime Minister.


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).