Tax Laws Amendment (2006 Measures No. 5) Act 2006 (Cth)

Tax Laws Amendment (2006 Measures No. 5) Act 2006

No. 110, 2006

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

Contents 1 Short title 2 Commencement 3 Schedule(s)

Schedule 1—Fringe benefits tax amendments Fringe Benefits Tax Assessment Act 1986

Schedule 2—GST car and pharmaceutical concessions A New Tax System (Goods and Services Tax) Act 1999

Schedule 3—Removing part‑year tax‑free threshold for taxpayers who have ceased to be full‑time students Income Tax Rates Act 1986

Tax Laws Amendment (2006 Measures No. 5) Act 2006

No. 110, 2006

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

[Assented to 23 October 2006]

The Parliament of Australia enacts:

1 Short title

This Act may be cited as the Tax Laws Amendment (2006 Measures No. 5) Act 2006.

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. 23 October 2006 2. Schedule 1 1 April 2007. 1 April 2007 3. Schedules 2 and 3 The day on which this Act receives the Royal Assent. 23 October 2006

Note: This table relates only to the provisions of this Act as originally passed by both Houses of the Parliament and assented to. It will not be expanded to deal with provisions inserted in this Act after assent.