A New Tax System (Medicare Levy Surcharge—Fringe Benefits) Amendment Act 2015

1 0 2015-05-27T21:59:00Z 2015-05-27T22:10:00Z 7 287 1640 13 3 1924 14.0000 No. 52, 2015 A New Tax System (Medicare Levy Surcharge—Fringe Benefits) Amendment Act 2015             A New Tax System (Medicare Levy Surcharge—Fringe Benefits) Amendment Act 2015   No. 52, 2015           An Act to amend the A New Tax System (Medicare Levy Surcharge—Fringe Benefits) Act 1999 , and for related purposes     Contents 1   Short title 2   Commencement 3   Schedules Schedule   1—Amendments A New Tax System (Medicare Levy Surcharge—Fringe Benefits) Act 1999       A New Tax System (Medicare Levy Surcharge—Fringe Benefits) Amendment Act 2015 No. 52, 2015       An Act to amend the A New Tax System (Medicare Levy Surcharge—Fringe Benefits) Act 1999 , and for related purposes [ Assented to 26 May 2015 ] The Parliament of Australia enacts: 1   Short title     This Act may be cited as the A New Tax System (Medicare Levy Surcharge—Fringe Benefits) Amendment Act 2015 . 2   Commencement     This Act commences on 1   July 2016. 3   Schedules     Legislation that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms. Schedule   1 — Amendments   A New Tax System (Medicare Levy Surcharge—Fringe Benefits) Act 1999 1   Subsection   3(1) Insert: Australia , when used in a geographical sense, has the same meaning as in the Income Tax Assessment Act 1997 . 2   At the end of Part   1 Add: 9   Application     This Act extends to every external Territory referred to in the definition of Australia . 3   Subsection   10(3) Repeal the subsection. 4   Application The amendments made by this Schedule apply in relation to the 2016 ‑ 17 year of income and later years of income.       [ Minister’s second reading speech made in— House of Representatives on 26 March 2015 Senate on 13 May 2015 ] (51/15)