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17 May 1010 Transfer Of Provisions Bill 2010 passed by House

On 13 May 2010, Tax Laws Amendment (Transfer Of Provisions) Bill 2010 was passed by the House of Representatives without amendment.

The Bill rewrites provisions from the ITAA 1936 into the ITAA 1997 and Taxation Administration Act 1953 in relation to: collection and recovery of tax; forgiveness of commercial debts; leases of luxury cars; farm management deposits; and general insurance; and amends 10 Acts to make consequential amendments.

The Bill now proceeds to the Senate.


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