Federal Register of Legislation
Treasury Laws Amendment (Combating Illegal Phoenixing) Act 2020
No. 6, 2020
An Act to amend the law relating to corporations and taxation, and for related purposes
Contents 1 Short title 2 Commencement 3 Schedules 4 Review of operation of amendments Schedule 1—Phoenixing offences and other rules about property transfers to defeat creditors Part 1—Main amendments of the Corporations Act 2001 Corporations Act 2001 Part 2—Consequential amendments of other Acts Aged Care (Accommodation Payment Security) Act 2006 Banking Act 1959 Corporations (Aboriginal and Torres Strait Islander) Act 2006 Insurance Act 1973 Life Insurance Act 1995 Part 3—Other amendments Corporations Act 2001 Schedule 2—Improving the accountability of resigning directors Corporations Act 2001 Schedule 3—GST estimates and director penalties A New Tax System (Goods and Services Tax) Act 1999 Taxation Administration Act 1953 Schedule 4—Retention of tax refunds Taxation Administration Act 1953
Treasury Laws Amendment (Combating Illegal Phoenixing) Act 2020 No. 6, 2020
An Act to amend the law relating to corporations and taxation, and for related purposes
[Assented to 17 February 2020]
The Parliament of Australia enacts:
1 Short title This Act is the Treasury Laws Amendment (Combating Illegal Phoenixing) Act 2020.
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 Provisions 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. 17 February 2020 2. Schedules 1 and 2 The day after this Act receives the Royal Assent. 18 February 2020 3. Schedules 3 and 4 The first 1 January, 1 April, 1 July or 1 October to occur after the day this Act receives the Royal Assent. 1 April 2020
We try to embed the page this law was scraped from. If the site blocks framing, you still get the link and a local excerpt.
Last checked with source on —
Checking whether the official page can be embedded…
Plain-English simplify of this law: a short summary, key points, and both sides of the argument. Generated on first view via Replicate, then cached. Vote on what helps your study.
No study brief is cached for this law yet. Sign up to generate a plain-English brief.
Sign up to generate