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TREASURY LAWS AMENDMENT (2022 MEASURES NO. 3) ACT 2022 (NO. 75, 2022) - NOTES

 

No. 75, 2022

 

 

 

 

 

  

  


Contents

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

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

3............ Schedules............................................................................................ 2

Schedule 1--Foreign acquisitions and takeovers penalties                           3

Foreign Acquisitions and Takeovers Act 1975                                                      3

Schedule 2--Data sharing to support government responses to major disasters                5

National Emergency Declaration Act 2020                                                           5

Taxation Administration Act 1953                                                                           5

Schedule 3--Modification power                                                                                 7

Coronavirus Economic Response Package Omnibus (Measures No. 2) Act 2020              7

Schedule 4--Tax treatment for new or revised visa programs                  8

Income Tax Assessment Act 1936                                                                              8

Income Tax Assessment Act 1997                                                                              8

Income Tax (Transitional Provisions) Act 1997                                                  11

Taxation Administration Act 1953                                                                         11

 

 


Commonwealth Coat of Arms of Australia

 

 

Treasury Laws Amendment (2022 Measures No. 3) Act 2022

No. 75, 2022

 

 

 

An Act to amend the law relating to foreign investment and acquisitions, taxation, coronavirus and superannuation, and for related purposes

[Assented to 5 December 2022]

The Parliament of Australia enacts:

 

[Minister's second reading speech made in--

House of Representatives on 8 September 2022

Senate on 27 October 2022]

 

(83/22)

 



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