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03 Jun 14 2014 Measures No 1 Bill now law

On 30 May 2014 the Tax Laws Amendment (2014 Measures No 1) Bill 2014 received the Royal Assent, as Act No 34 of 2014.

The amending Act amends taxation laws to improve the operation of the Farm Management Deposit (FMD) Scheme, and to ensure that overpaid GST is refundable only in certain circumstances.

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