Commonwealth Numbered Acts

COMMONWEALTH PLACES (MIRROR TAXES) ACT 1998 No. 24, 1998 - SECT 8

(2) The Treasurer of a State may, by notice in writing, prescribe modifications of the applied laws of the State, other than modifications for the purpose of overcoming a difficulty that arises from the requirements of the Constitution.

(3) A notice under subsection (2) is a disallowable instrument for the purposes of section 46A of the Acts Interpretation Act 1901 .

(4) Modifications may be made under this section only to the extent that they are necessary or convenient:

(a) for the purpose of enabling the effective operation of an applied law as a law of the Commonwealth; or

(b) for the purpose of enabling an applied law to operate so that the combined tax liability of a taxpayer under:

(i) the applied law; and

(ii) the corresponding State taxing law;

is as nearly as possible the same as the taxpayer's liability would be under the corresponding State taxing law alone if the Commonwealth places in the State were not Commonwealth places.

(a) may be expressed to take effect from a date that is earlier than the date on which the modifications are notified in the Gazette ; and

(b) may deal with the circumstances in which the modifications apply, and with matters of a transitional or saving nature.