Taxation Laws Amendment Act (No. 3) 2001 (Cth)

Taxation Laws Amendment Act (No. 3) 2001

Act No. 73 of 2001 as amended

This compilation was prepared on 6 August 2002

[This Act was amended by Act No. 57 of 2002]

Amendment from Act No. 57 of 2002 [Schedule 12 (item 56) amended Item 36 of Schedule 2 Schedule 12 (item 56) commenced on 30 June 2001]

Prepared by the Office of Legislative Drafting, Attorney‑General's Department, Canberra

Contents 1 Short title................................... 2 Commencement............................... 3 Schedule(s)..................................

Schedule 1—Amendments relating to the goods and services tax

Part 1—GST returns and payments A New Tax System (Goods and Services Tax) Act 1999 Taxation Administration Act 1953

Part 2—Payment of GST by instalments A New Tax System (Goods and Services Tax) Act 1999 Income Tax Assessment Act 1997 Taxation Administration Act 1953

Part 3—Substituted accounting periods A New Tax System (Goods and Services Tax) Act 1999

Part 4—Correction of errors A New Tax System (Goods and Services Tax) Act 1999

Part 5—Phasing in input tax credits for motor vehicles etc. A New Tax System (Goods and Services Tax Transition) Act 1999

Schedule 2—Pay as you go instalments

Part 1—Paying instalments using GDP‑adjusted notional tax Taxation Administration Act 1953 Income Tax Assessment Act 1997

Part 2—Transitional rules

Part 3—Consequential amendments Income Tax Assessment Act 1936 Taxation Administration Act 1953

Schedule 3—Deferral of due dates

Part 1—Amendments Fringe Benefits Tax Assessment Act 1986 Income Tax Assessment Act 1936 Income Tax Assessment Act 1997 Taxation Administration Act 1953

Part 2—Transitional rules

Part 3—Weekends and public holidays Income Tax Assessment Act 1997 Taxation Administration Act 1953

Schedule 4—Amendments relating to Treasury Note yield rate and general interest charge