Tax Laws Amendment (Retirement Villages) Act 2004 (Cth)

Tax Laws Amendment (Retirement Villages) Act 2004

Act No. 143 of 2004 as amended

This compilation was prepared on 10 July 2006

[This Act was amended by Act No. 73 of 2006]

Amendment from Act No. 73 of 2006

[Schedule 5 (item 168) amended Schedule 1 (item 15) Schedule 5 (item 169) amended Schedule 1 (item 16)

Schedule 5 (items 168 and 169) commenced on 1 July 2006]

Prepared by the Office of Legislative Drafting and Publishing, Attorney-General's Department, Canberra

Contents 1 Short title 2 Commencement 3 Schedule(s)

Schedule 1—Retirement villages

Part 1—Amendments A New Tax System (Goods and Services Tax) Act 1999

Part 2—Application provisions An Act to amend the A New Tax System (Goods and Services Tax) Act 1999, and for related purposes

[Assented to 14 December 2004]

The Parliament of Australia enacts:

1 Short title

This Act may be cited as the Tax Laws Amendment (Retirement Villages) Act 2004.

2 Commencement

This Act commences on the day on which it receives the Royal Assent.

3 Schedule(s)

Each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.

Schedule 1—Retirement villages

Part 1—Amendments

A New Tax System (Goods and Services Tax) Act 1999

1 Paragraph 38‑25(3)(c) After "services" (second occurring), insert "(care services)".

2 After subsection 38‑25(3) Insert:

(3A) Services provided to a resident of a *retirement village are taken, for the purposes of paragraph (3)(a), to be provided in a residential setting if, and only if: (a) he or she is a resident of a *serviced apartment in the retirement village; and (b) there is in force a written agreement under which the operator of the retirement village provides daily meals and heavy laundry services to all of the residents of the apartment.