Tax Laws Amendment (Temporary Flood and Cyclone Reconstruction Levy) Act 2011 (Cth)

Tax Laws Amendment (Temporary Flood and Cyclone Reconstruction Levy) Act 2011

No. 16, 2011

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

Contents 1 Short title 2 Commencement 3 Schedule(s) Schedule 1—Main amendments Income Tax Assessment Act 1997 Income Tax (Transitional Provisions) Act 1997 Schedule 2—Sunsetting Income Tax Assessment Act 1997 Income Tax (Transitional Provisions) Act 1997

Tax Laws Amendment (Temporary Flood and Cyclone Reconstruction Levy) Act 2011 No. 16, 2011

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

[Assented to 12 April 2011]

The Parliament of Australia enacts:

1 Short title This Act may be cited as the Tax Laws Amendment (Temporary Flood and Cyclone Reconstruction Levy) Act 2011.

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.

Commencement information Column 1 Column 2 Column 3 Provision(s) Commencement Date/Details 1. Sections 1 to 3 and anything in this Act not elsewhere covered by this table The day this Act receives the Royal Assent. 12 April 2011 2. Schedule 1 The later of: 12 April 2011 (a) the day this Act receives the Royal Assent; and (b) the day the Income Tax Rates Amendment (Temporary Flood and Cyclone Reconstruction Levy) Act 2011 receives the Royal Assent. However, the provision(s) do not commence at all if the event mentioned in paragraph (b) does not occur. 3. Schedule 2 The later of: 1 July 2016 (a) 1 July 2016; and (b) the day the Income Tax Rates Amendment (Temporary Flood and Cyclone Reconstruction Levy) Act 2011 receives the Royal Assent. However, the provision(s) do not commence at all if the event mentioned in paragraph (b) does not occur.