Taxation Laws Amendment Act (No. 7) 2000 (Cth)

Taxation Laws Amendment Act (No. 7) 2000

Act No. 173 of 2000 as amended

This compilation was prepared on 2 September 2010 taking into account amendments up to Act No. 75 of 2010

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] 2 Commencement [see Note 1] 3 Schedule(s)

Schedule 1—Income tax deductions for gifts etc. Income Tax Assessment Act 1997

Schedule 2—Pay as you go (PAYG) instalments for certain beneficiaries of trusts Taxation Administration Act 1953

Schedule 3—CGT small business provisions Income Tax Assessment Act 1997 New Business Tax System (Capital Gains Tax) Act 1999

Schedule 4—Minor CGT changes Income Tax Assessment Act 1936 Income Tax Assessment Act 1997 Income Tax (Transitional Provisions) Act 1997

Schedule 5—Technical amendment Income Tax Assessment Act 1997

Schedule 6—Discount capital gains: integrity measures Income Tax Assessment Act 1997

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

1 Short title [see Note 1]

This Act may be cited as the Taxation Laws Amendment Act (No. 7) 2000.

2 Commencement [see Note 1]

(1) Subject to this section, this Act commences on the day on which it receives the Royal Assent.

(2) Schedule 2 is taken to have commenced immediately after the commencement of item 10 of Schedule 1 to the A New Tax System (Tax Administration) Act (No. 1) 2000.

(3) Items 46 and 50 of Schedule 4 are taken to have commenced at the start of the 1998‑99 income year.

(4) Schedule 5 commences, or is taken to have commenced, immediately after the commencement of Schedule 5 to the Taxation Laws Amendment Act (No. 2) 2000.