Tax Laws Amendment (2010 Measures No. 4) Act 2010 (Cth)

Tax Laws Amendment (2010 Measures No. 4) Act 2010

No. 136, 2010

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

Contents 1 Short title 2 Commencement 3 Schedule(s) 4 Amendment of assessments Schedule 1—Adjustments for third party payments A New Tax System (Goods and Services Tax) Act 1999 Schedule 2—CGT treatment of water entitlements and termination fees Part 1—CGT roll‑over for water entitlements Income Tax Assessment Act 1997 Part 2—CGT treatment of termination fees Income Tax Assessment Act 1997 Part 3—Application and transitional provisions Schedule 3—Taxation of financial arrangements Part 1—Taxation of financial arrangements amendments Income Tax Assessment Act 1936 Income Tax Assessment Act 1997 Tax Laws Amendment (2010 Measures No. 1) Act 2010 Tax Laws Amendment (Taxation of Financial Arrangements) Act 2009 Part 2—Extension of debt and equity transitional arrangements for Upper Tier 2 capital instruments Part 3—Foreign currency amendments Income Tax Assessment Act 1997 Schedule 4—Scrip for scrip alignment Part 1—Amendments Income Tax Assessment Act 1997 Part 2—Application provision Schedule 5—Medical expenses tax offset claim threshold Income Tax Assessment Act 1936 Schedule 6—Deductible gift recipients Income Tax Assessment Act 1997 Schedule 7—Extending gift deductibility to volunteer fire brigades Income Tax Assessment Act 1997 Income Tax (Transitional Provisions) Act 1997

Tax Laws Amendment (2010 Measures No. 4) Act 2010 No. 136, 2010

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

[Assented to 7 December 2010]

The Parliament of Australia enacts:

1 Short title This Act may be cited as the Tax Laws Amendment (2010 Measures No. 4) Act 2010.

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.