General Interest Charge (Imposition) Act 1999 (Cth)

General Interest Charge (Imposition) Act 1999

Act No. 6 of 1999 as amended

This compilation was prepared on 9 October 2006 taking into account amendments up to Act No. 101 of 2006

The text of any of those amendments not in force on that date is appended in the Notes section

The operation of amendments that have been incorporated may be affected by application provisions that are set out in the Notes section

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

Contents 1 Short title [see Note 1]...........................1 2 Commencement [see Note 1].......................1 3 Imposition..................................1

Notes 7 An Act to impose general interest charge as a tax in some circumstances

1 Short title [see Note 1]

This Act may be cited as the General Interest Charge (Imposition) Act 1999.

2 Commencement [see Note 1]

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

3 Imposition

(1) General interest charge is imposed as a tax by this section, but only to the extent to which that charge cannot validly be imposed otherwise than as a tax.

(2) In this section:

general interest charge means the charge worked out under Part IIA of the Taxation Administration Act 1953. Notes to the General Interest Charge (Imposition) Act 1999

Note 1

The General Interest Charge (Imposition) Act 1999 as shown in this compilation comprises Act No. 6, 1999 amended as indicated in the Tables below.

For all relevant information pertaining to application, saving or transitional provisions see Table A.

Table of Acts Act Number Date Date of commencement Application, saving or transitional provisions and year of Assent General Interest Charge (Imposition) Act 1999 6, 1999 31 Mar 1999 31 Mar 1999 Tax Laws Amendment (Repeal of Inoperative Provisions) Act 2006 101, 2006 14 Sept 2006 Schedule 2 (items 1017, 1022) and Schedule 6 (items 1, 6–11): Royal Assent Sch. 6 (items 1, 6–11)