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This Act commences on 1 July 2016. 3 Schedules Legislation that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.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)