Commonwealth Entities (Payment Surcharges) Tax (Imposition) Act 2024 (Cth)

Commonwealth Entities (Payment Surcharges) Tax (Imposition) Act 2024

No. 102, 2024

An Act to impose a tax relating to payment surcharges, and for related purposes

Contents 1 Short title 2 Commencement 3 Definitions 4 Imposition 5 Amount of tax 6 Severability

Commonwealth Entities (Payment Surcharges) Tax (Imposition) Act 2024 No. 102, 2024

An Act to impose a tax relating to payment surcharges, and for related purposes

[Assented to 2 December 2024]

The Parliament of Australia enacts:

1 Short title This Act is the Commonwealth Entities (Payment Surcharges) Tax (Imposition) Act 2024.

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. The whole of this Act The day after this Act receives the Royal Assent. 3 December 2024

Note: This table relates only to the provisions of this Act as originally enacted. It will not be amended to deal with any later amendments of this Act. (2) Any information in column 3 of the table is not part of this Act. Information may be inserted in this column, or information in it may be edited, in any published version of this Act.

3 Definitions In this Act: Consequential Provisions Act means the Commonwealth Entities (Payment Surcharges) (Consequential Provisions and Other Matters) Act 2024.

4 Imposition Tax payable under subitem 5(1) of Schedule 2 to the Consequential Provisions Act is imposed.

5 Amount of tax The amount of the tax is equal to the amount the Commonwealth, or a Commonwealth entity, is liable to pay to a person as mentioned in paragraph 5(1)(b) of Schedule 2 to the Consequential Provisions Act.