Taxation (Annual Rates for 2020–21, Feasibility Expenditure, and Remedial Matters) Bill
Officials' report to the Finance and Expenditure Committee on submissions received on the Bill
February 2001
Maintenance items
MAINTENANCE ITEMS
(Clauses 18, 19, 24, 25, 26, 28–32, 37, 38, 42, 43, 52, 53, 55, 58(2), 58(4), 58(5), 58(6), 58(7), 58(8), 67(2), 67(4)(b), 81, 82, 83, 92, 93(3), and 94)
Submission
(Chartered Accountants Australia and New Zealand)
The maintenance items in all clauses except for clause 83 are supported.
That clause 83 contains a drafting error that requires correction.
Comment
The proposed amendments reflect minor technical maintenance items arising from the rewrite of income tax legislation and subsequent changes.
The submitter comments that clause 83 proposes to insert a new paragraph (j) in section 157(10) after paragraph (i). As section 157(10(j) already exists, we agree with the submission that the insertion should be renumbered appropriately.
Recommendation
That the first submission be noted.
That the submission on clause 83 be accepted.