Tax Laws Amendment (2010 Measures No. 5) Act 2011 (Cth)

Tax Laws Amendment (2010 Measures No. 5) Act 2011

No. 61, 2011

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—Film tax offsets Income Tax Assessment Act 1997 Schedule 2—Capital protected borrowings Income Tax Assessment Act 1997 Income Tax (Transitional Provisions) Act 1997 Schedule 3—Extending CGT exemption for certain compulsory acquisitions Income Tax Assessment Act 1997 Schedule 4—Deductions in relation to benefits for terminal medical conditions Income Tax Assessment Act 1997 Schedule 5—Non‑profit sub‑entities A New Tax System (Goods and Services Tax) Act 1999 Schedule 6—Running balance accounts Taxation Administration Act 1953 Schedule 7—Education expenses tax offset (uniforms) Income Tax Assessment Act 1997

Tax Laws Amendment (2010 Measures No. 5) Act 2011 No. 61, 2011

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

[Assented to 29 June 2011]

The Parliament of Australia enacts:

1 Short title This Act may be cited as the Tax Laws Amendment (2010 Measures No. 5) 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 4 and anything in this Act not elsewhere covered by this table The day this Act receives the Royal Assent. 29 June 2011 2. Schedules 1 to 4 The day this Act receives the Royal Assent. 29 June 2011 3. Schedule 5 The day after this Act receives the Royal Assent. 30 June 2011 4. Schedule 6 1 July 2011. 1 July 2011 5. Schedule 7 The day this Act receives the Royal Assent. 29 June 2011