Tax Laws Amendment (Loss Recoupment Rules and Other Measures) Act 2005 (Cth)

Tax Laws Amendment (Loss Recoupment Rules and Other Measures) Act 2005

No. 147, 2005

An Act to amend the law relating to taxation, and for related purposes

Contents 1 Short title 2 Commencement 3 Schedule(s)

Schedule 1—Loss recoupment rules for companies etc. Income Tax Assessment Act 1936 Income Tax Assessment Act 1997

Schedule 2—Foreign residents' income with an underlying foreign source

Part 1—Main amendment Income Tax Assessment Act 1997

Part 2—Other amendments Income Tax Assessment Act 1936 Income Tax Assessment Act 1997 Taxation Administration Act 1953

Part 3—Application and transitional

Schedule 3—Denying deductions for illegal activity Income Tax Assessment Act 1997

Schedule 4—Film copyright Income Tax Assessment Act 1936 Income Tax Assessment Act 1997

Schedule 5—Employee share schemes Income Tax Assessment Act 1936 Income Tax Assessment Act 1997 Income Tax (Transitional Provisions) Act 1997 Taxation Laws Amendment Act (No. 3) 2003

Schedule 6—Superannuation guarantee charge Income Tax Assessment Act 1997 Superannuation Guarantee (Administration) Act 1992

Schedule 7—Superannuation on back payments Income Tax Assessment Act 1936 Income Tax Assessment Act 1997 Superannuation Guarantee (Administration) Act 1992

Tax Laws Amendment (Loss Recoupment Rules and Other Measures) Act 2005

No. 147, 2005

An Act to amend the law relating to taxation, and for related purposes

[Assented to 14 December 2005]

The Parliament of Australia enacts:

1 Short title

This Act may be cited as the Tax Laws Amendment (Loss Recoupment Rules and Other Measures) Act 2005.

2 Commencement

(1) Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

Commencement information Column 1 Column 2 Column 3 Provision(s) Commencement Date/Details 1. Sections 1 to 3 and anything in this Act not elsewhere covered by this table The day on which this Act receives the Royal Assent. 14 December 2005 2. Schedules 1 to 4 The day on which this Act receives the Royal Assent. 14 December 2005 3. Schedule 5, items 1 to 15 The day on which this Act receives the Royal Assent. 14 December 2005 4. Schedule 5, item 16 Immediately after the commencement of the provision(s) covered by table item 3. 14 December 2005 5. Schedule 5, items 17 to 20 The day on which this Act receives the Royal Assent. 14 December 2005 6. Schedules 6 and 7 The day on which this Act receives the Royal Assent. 14 December 2005