Ralph Babet (Victoria, United Australia Party) Share this | Hansard source

by leave—I move United Australia Party amendments (1) to (5) on sheet 2347 together. I move:

That the House of Representatives be requested to make the following amendments:

(1) Clause 2, page 2 (table item 1), omit the table item, substitute:

(2) Schedule 1, item 2, page 3 (table), omit the table, substitute:

Note: The above table will be repealed on 1 July 2026 by Schedule 2 to the Treasury Laws Amendment (Cost of Living Tax Cuts) Act 2024.

(3) Schedule 1, item 3, page 4 (table), omit the table, substitute:

Note: The above table will be repealed on 1 July 2026 by Schedule 2 to the Treasury Laws Amendment (Cost of Living Tax Cuts) Act 2024.

(4) Schedule 1, item 4, page 4 (table), omit the table, substitute:

Note: The above table will be repealed on 1 July 2026 by Schedule 2 to the Treasury Laws Amendment (Cost of Living Tax Cuts) Act 2024.

(5) Page 4 (after line 6), at the end of the Bill, add:

Schedule 2 — Repeals on 1 July 2026

Income Tax Rates Act 1986

1 Subsection 3(1) (definition of third resident personal tax rate )

Repeal the definition.

2 Clause 1 of Part I of Schedule 7 (table dealing with tax rates for resident taxpayers for the 2024-25 or 2025-26 year of income)

Repeal the table (including the note).

3 Clause 1 of Part II of Schedule 7 (table dealing with tax rates for non-resident taxpayers for the 2024-25 or 2025-26 year of income)

Repeal the table (including the note).

4 Clause 1 of Part III of Schedule 7 (table dealing with tax rates for working holiday makers for the 2024-25 or 2025-26 year of income)

Repeal the table (including the note).

5 Repealed law continues for relevant years of income

(1) Despite the repeal of a table by this Schedule, that table continues to apply, in relation to assessments for a year of income mentioned in the table's heading, as if that repeal had not happened.

(2) Despite the repeal of the definition of third resident personal tax rate in subsection 3(1) of the Income Tax Rates Act 1986 made by this Schedule, that definition continues to apply, in relation to assessments for the 2024-25 and 2025-26 years of income, as if that repeal had not happened.

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Statement pursuant to the order of the Senate of 26 June 2000

Amendments (1) to (5)

Amendments (1) to (5) are framed as requests because they are to a bill which imposes taxation within the meaning of section 53 of the Constitution. The Senate may not amend a bill imposing taxation.

These amendments should therefore be moved as requests.

Statement by the Clerk of the Senate pursuant to the order of the Senate of 26 June 2000

Amendments (1) to (5)

As this is a bill imposing taxation within the meaning of section 53 of the Constitution, any Senate amendment to the bill must be moved as a request. This is in accordance with the precedents of the Senate.