Tax Laws Amendment (Medicare Levy Surcharge Thresholds) Act (No. 2) 2008 (Cth)

Tax Laws Amendment (Medicare Levy Surcharge Thresholds) Act (No. 2) 2008

No. 110, 2008

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

Contents 1 Short title 2 Commencement 3 Schedule(s) 4 Review of operation of Act

Schedule 1—Singles and families income thresholds

Part 1—Amendments A New Tax System (Medicare Levy Surcharge—Fringe Benefits) Act 1999 Medicare Levy Act 1986

Part 2—Application

Tax Laws Amendment (Medicare Levy Surcharge Thresholds) Act (No. 2) 2008

No. 110, 2008

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

[Assented to 31 October 2008]

The Parliament of Australia enacts:

1 Short title

This Act may be cited as the Tax Laws Amendment (Medicare Levy Surcharge Thresholds) Act (No. 2) 2008.

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Each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.

4 Review of operation of Act

(1) The Minister for Health and Ageing must cause an independent review of the operation of this Act to be undertaken as soon as possible after each anniversary of the commencement of this Act, for a period of three consecutive years.

(2) The review is to consider and report on the impact on public hospitals of the amendments made by this Act, including the number of episodes of care, the impact on operating costs and the impact on elective surgery waiting lists.

(3) The person undertaking the review must give the Minister a written report of the review, and the Minister must cause a copy of the report to be tabled in each House of the Parliament within 15 sitting days of receiving the report.

Schedule 1—Singles and families income thresholds