Franchise Fees Windfall Tax (Collection) Act 1997 (Cth)

Franchise Fees Windfall Tax (Collection) Act 1997

Act No. 132 of 1997 as amended

This compilation was prepared on 21 December 2010 taking into account amendments up to Act No. 145 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

Part 1—Preliminary 1 Short title [see Note 1]........................... 2 Commencement............................... 3 This Act binds the Crown......................... 4 Definitions.................................. 5 Administration................................

Part 2—Liability 6 Taxable amount............................... 7 Reduction of taxable amount—liquor franchise fees.......... 8 Liability to windfall tax...........................

Part 3—Collection 9 State must withhold windfall tax from taxable amounts........ 10 Taxpayer entitled to credit for amount deducted by State....... 11 Regulations for collection etc. of unpaid windfall tax.........

Part 4—Miscellaneous 12 Annual report................................. 13 Arrangements with States......................... 14 Regulations..................................

Notes An Act relating to the imposition and collection of franchise fees windfall tax

Part 1—Preliminary

1 Short title [see Note 1]

This Act may be cited as the Franchise Fees Windfall Tax (Collection) Act 1997.

2 Commencement

This Act is taken to have commenced on 5 August 1997.

3 This Act binds the Crown

This Act binds the Crown in each of its capacities.

4 Definitions

(1) In this Act, unless the contrary intention appears:

Commissioner means the Commissioner of Taxation.