Commonwealth: Payment Times Reporting (Consequential Amendments) Act 2020 (Cth)

Payment Times Reporting (Consequential Amendments) Act 2020 No. 89, 2020 Compilation No. 1 Compilation date: 17 September 2021 Registered: 17 September 2021 This compilation only includes an editorial change About this compilation This compilation This is a compilation of the Payment Times Reporting (Consequential Amendments) Act 2020 that shows the text of the law as amended and in force on 17 September 2021 (the compilation date). The notes at the end of this compilation (the endnotes) include information about amending laws and the amendment history of provisions of the compiled law. Uncommenced amendments The effect of uncommenced amendments is not shown in the text of the compiled law. Any uncommenced amendments affecting the law are accessible on the Legislation Register (www.legislation.gov.au). The details of amendments made up to, but not commenced at, the compilation date are underlined in the endnotes. For more information on any uncommenced amendments, see the series page on the Legislation Register for the compiled law. Application, saving and transitional provisions for provisions and amendments If the operation of a provision or amendment of the compiled law is affected by an application, saving or transitional provision that is not included in this compilation, details are included in the endnotes. Editorial changes For more information about any editorial changes made in this compilation, see the endnotes. Modifications If the compiled law is modified by another law, the compiled law operates as modified but the modification does not amend the text of the law. Accordingly, this compilation does not show the text of the compiled law as modified. For more information on any modifications, see the series page on the Legislation Register for the compiled law. Self‑repealing provisions If a provision of the compiled law has been repealed in accordance with a provision of the law, details are included in the endnotes. Contents 1 Short title 2 Commencement 3 Schedules Schedule 1—Amendments Part 1—General amendments Taxation Administration Act 1953 Part 2—Contingent amendments Payment Times Reporting Act 2020 Endnotes Endnote 1—About the endnotes Endnote 2—Abbreviation key Endnote 3—Legislation history Endnote 4—Amendment history Endnote 5—Editorial changes An Act to deal with consequential matters arising from the enactment of the Payment Times Reporting Act 2020, and for related purposes 1 Short title This Act is the Payment Times Reporting (Consequential Amendments) Act 2020. 2 Commencement (1) Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms. Commencement information Column 1 Column 2 Column 3 Provisions Commencement Date/Details 1. Sections 1 to 3 and anything in this Act not elsewhere covered by this table The day this Act receives the Royal Assent. 17 September 2020 2. Schedule 1, Part 1 At the same time as the Payment Times Reporting Act 2020 commences. 1 January 2021 However, the provisions do not commence at all if that Act does not commence. 3. Schedule 1, Part 2 The later of: 1 September 2021 (a) immediately after the commencement of the Payment Times Reporting Act 2020; and (paragraph (b) applies) (b) the commencement of the Federal Circuit and Family Court of Australia Act 2021. However, the provisions do not commence at all unless both of the events mentioned in paragraphs (a) and (b) occur. Note: This table relates only to the provisions of this Act as originally enacted. It will not be amended to deal with any later amendments of this Act. (2) Any information in column 3 of the table is not part of this Act. Information may be inserted in this column, or information in it may be edited, in any published version of this Act. 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 Part 1—General amendments Taxation Administration Act 1953 1 Subsection 355‑65(8) in Schedule 1 (after table item 3) Insert: 4 the Regulator (within the meaning of the Payment Times Reporting Act 2020) (a) is of information relating to whether an entity is a reporting entity (within the meaning of the Payment Times Reporting Act 2020); and (b) is for the purpose of enabling the Regulator to administer that Act. 2 Application of amendments The amendment of subsection 355‑65(8) in Schedule 1 to the Taxation Administration Act 1953 made by this Part applies in relation to records and disclosures of information made at or after the commencement of this Part, whether the information was obtained before, at or after the commencement of this Part. Part 2—Contingent amendments Payment Times Reporting Act 2020 3 Section 5 (definition of Federal Circuit Court) Repeal the definition. 4 Section 5 (paragraph (b) of the definition of issuing officer) Omit "Federal Circuit Court", substitute "Federal Circuit and Family Court of Australia (Division 2)". 5 Section 5 (paragraph (b) of the definition of relevant court) Repeal the paragraph, substitute: (b) the Federal Circuit and Family Court of Australia (Division 2); or Endnotes Endnote 1—About the endnotes The endnotes provide information about this compilation and the compiled law. The following endnotes are included in every compilation: Endnote 1—About the endnotes Endnote 2—Abbreviation key Endnote 3—Legislation history Endnote 4—Amendment history Abbreviation key—Endnote 2 The abbreviation key sets out abbreviations that may be used in the endnotes. Legislation history and amendment history—Endnotes 3 and 4 Amending laws are annotated in the legislation history and amendment history. The legislation history in endnote 3 provides information about each law that has amended (or will amend) the compiled law. The information includes commencement details for amending laws and details of any application, saving or transitional provisions that are not included in this compilation. The amendment history in endnote 4 provides information about amendments at the provision (generally section or equivalent) level. It also includes information about any provision of the compiled law that has been repealed in accordance with a provision of the law. Editorial changes The Legislation Act 2003 authorises First Parliamentary Counsel to make editorial and presentational changes to a compiled law in preparing a compilation of the law for registration. The changes must not change the effect of the law. Editorial changes take effect from the compilation registration date. If the compilation includes editorial changes, the endnotes include a brief outline of the changes in general terms. Full details of any changes can be obtained from the Office of Parliamentary Counsel. Misdescribed amendments A misdescribed amendment is an amendment that does not accurately describe the amendment to be made. If, despite the misdescription, the amendment can be given effect as intended, the amendment is incorporated into the compiled law and the abbreviation "(md)" added to the details of the amendment included in the amendment history. If a misdescribed amendment cannot be given effect as intended, the abbreviation "(md not incorp)" is added to the details of the amendment included in the amendment history. Endnote 2—Abbreviation key ad = added or inserted o = order(s) am = amended Ord = Ordinance amdt = amendment orig = original c = clause(s) par = paragraph(s)/subparagraph(s) C[x] = Compilation No. x /sub‑subparagraph(s) Ch = Chapter(s) pres = present def = definition(s) prev = previous Dict = Dictionary (prev…) = previously disallowed = disallowed by Parliament Pt = Part(s) Div = Division(s) r = regulation(s)/rule(s) ed = editorial change reloc = relocated exp = expires/expired or ceases/ceased to have renum = renumbered effect rep = repealed F = Federal Register of Legislation rs = repealed and substituted gaz = gazette s = section(s)/subsection(s) LA = Legislation Act 2003 Sch = Schedule(s) LIA = Legislative Instruments Act 2003 Sdiv = Subdivision(s) (md) = misdescribed amendment can be given SLI = Select Legislative Instrument effect SR = Statutory Rules (md not incorp) = misdescribed amendment Sub‑Ch = Sub‑Chapter(s) cannot be given effect SubPt = Subpart(s) mod = modified/modification underlining = whole or part not No. = Number(s) commenced or to be commenced Endnote 3—Legislation history Act Number and year Assent Commencement Application, saving and transitional provisions Payment Times Reporting (Consequential Amendments) Act 2020 89, 2020 17 Sept 2020 Sch 1 (items 1, 2): 1 Jan 2021 (s 2(1) item 2) Sch 1 (items 3–5): 1 Sept 2021 (s 2(1) item 3) Remainder: 17 Sept 2020 (s 2(1) item 1) Endnote 4—Amendment history Provision affected How affected s 2..................... ed C1 Endnote 5—Editorial changes In preparing this compilation for registration, the following kinds of editorial change(s) were made under the Legislation Act 2003. Subsection 2(1) (table item 3, column 2) Kind of editorial change Update to a reference of a law or a provision Details of editorial change This compilation was editorially changed to update a reference from the Federal Circuit and Family Court of Australia Act 2020 to the Federal Circuit and Family Court of Australia Act 2021 in column 2 of table item 3 of subsection 2(1).