Contents

1............ Short title............................................................................................. 1

2............ Commencement................................................................................... 2

3............ Schedules............................................................................................ 3

Schedule 1--Recovery grants for Cyclone Seroja                                             4

Income Tax Assessment Act 1997                                                                              4

Schedule 2--Transitional provisions relating to the repeal of the Superannuation (Resolution of Complaints) Act 1993                                                                             5

Treasury Laws Amendment (Putting Consumers First--Establishment of the Australian Financial Complaints Authority) Act 2018                                                                                                                        5

Schedule 3--Income tax and withholding exemptions for the FIFA Women's World Cup        7

Income Tax Assessment Act 1936                                                                              7

Income Tax Assessment Act 1997                                                                              7

Schedule 4--Minor and technical amendments                                                  9

Part 1--Commencement of registries modernisation amendments       9

Business Names Registration (Fees) Amendment (Registries Modernisation) Act 2020    9

Corporations (Fees) Amendment (Registries Modernisation) Act 2020           9

Financial Sector Reform (Hayne Royal Commission Response--Better Advice) Act 2021               9

National Consumer Credit Protection (Fees) Amendment (Registries Modernisation) Act 2020   10

Treasury Laws Amendment (2021 Measures No. 1) Act 2021                           10

Treasury Laws Amendment (Registries Modernisation and Other Measures) Act 2020    10

Part 2--Application of registries modernisation amendments               12

Australian Securities and Investments Commission Act 2001                          12

Business Names Registration (Fees) Amendment (Registries Modernisation) Act 2020    15

Business Names Registration (Transitional and Consequential Provisions) Act 2011     17

Corporations Act 2001                                                                                             22

National Consumer Credit Protection (Transitional and Consequential Provisions) Act 2009     27

Treasury Laws Amendment (Registries Modernisation and Other Measures) Act 2020    31

Part 3--Amendments commencing first day of next quarter                 37

Fringe Benefits Tax Assessment Act 1986                                                             37

Part 4--Other amendments                                                                                      38

Australian Securities and Investments Commission Act 2001                          38

Corporations Act 2001                                                                                             38

Part 5--Amendments of Acts in other portfolios to allow commutation of certain income streams       41

Social Security Act 1991                                                                                          41

Veterans' Entitlements Act 1986                                                                            41

Part 6--Corporate tax transparency                                                                     42

Taxation Administration Act 1953                                                                         42

Part 7--Financial reporting obligations                                                              43

ASIC Corporations (Exempt Proprietary Companies) Instrument 2015/840 43

Corporations Act 2001                                                                                             43

 

 

 

Treasury Laws Amendment (2022 Measures No. 1) Act 2022

No. 35, 2022

 

An Act to amend the law relating to taxation and superannuation, to make miscellaneous and technical amendments of the statute law of the Commonwealth, and for related purposes

[Assented to 9 August 2022]

The Parliament of Australia enacts: