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This is a Bill, not an Act. For current law, see the Acts databases.
South Australia
National Tax Reform (State Provisions) (Administrative
Penalties) Amendment Bill 2013
A BILL FOR
An Act to amend the National
Tax Reform (State Provisions) Act 2000.
Contents
Part 1—Preliminary
1Short
title
2Commencement
3Amendment
provisions
Part 2—Amendment of National Tax
Reform (State Provisions) Act 2000
4Amendment of section
2—Interpretation
5Amendment of section 4—Exempt entities to
pay GST equivalent, interest and penalties
The Parliament of South Australia enacts as
follows:
This Act may be cited as the National Tax Reform (State Provisions)
(Administrative Penalties) Amendment Act 2013.
This Act will come into operation on 1 July 2013.
In this Act, a provision under a heading referring to the amendment of a
specified Act amends the Act so specified.
Part 2—Amendment
of National Tax Reform (State Provisions)
Act 2000
4—Amendment
of section 2—Interpretation
(1) Section 2—before the definition of constitutional
exemption insert:
administrative penalty means an administrative penalty
prescribed under Division 284, 286 or 288 of Schedule 1
Chapter 4 of the Taxation Administration Act 1953 of the
Commonwealth;
(2) Section 2—after the definition of GST law
insert:
interest charge means a general interest charge imposed under
section 3 of the General Interest Charge (Imposition) Act 1999
of the Commonwealth or a shortfall interest charge imposed under section 3
of the Shortfall Interest Charge (Imposition) Act 2005 of the
Commonwealth;
5—Amendment
of section 4—Exempt entities to pay GST equivalent, interest and
penalties
Section 4—after subsection (1) insert:
(1a) An exempt entity must pay to the Commonwealth Commissioner of
Taxation amounts that would have been payable as interest charges or as
administrative penalties if the entity were liable to GST.