House debates

Thursday, 18 June 2009

Tax Laws Amendment (Political Contributions and Gifts) Bill 2008

Consideration of Senate Message

Consideration resumed from 4 February.

Senate’s amendments—

(1)    Schedule 1, item 7, page 7 (lines 4 to 7), omit the item.

(2)    Schedule 1, item 8, page 7 (lines 9 and 10), omit the item, substitute:

8  Section 12-5 (table item headed “political parties”)

Repeal the item, substitute:

political contributions and gifts

deductions by companies for ......

26-22

deductions by individuals for......

Division 30

(3)    Schedule 1, item 9, page 7 (line 13), at the end of the heading to section 26-22, add “by companies”.

(4)    Schedule 1, item 9, page 7 (line 14), omit “You”, substitute “Companies”.

(5)    Schedule 1, item 9, page 7 (line 15), omit “You”, substitute “A company”.

(6)    Schedule 1, item 10, page 8 (lines 26 to 28), omit the item, substitute:

10  Subsection 30-5(1)

Before “making”, insert “an individual”.

(7)    Schedule 1, item 11, page 8 (lines 29 and 30), omit the item.

(8)    Schedule 1, item 12, page 8 (lines 31 and 32), omit the item, substitute:

12  Subsection 30-5(1) (note 2)

After “gifts”, insert “by individuals”.

(9)    Schedule 1, item 13, page 9 (lines 1 and 2), omit the item.

(10)  Schedule 1, item 14, page 9 (lines 3 and 4), omit the item, substitute:

14  Subsection 30-15(2) (note 2)

After “gifts”, insert “by individuals”.

(11)  Schedule 1, item 15, page 9 (lines 5 and 6), omit the item, substitute:

15  Subdivision 30-DA (heading)

After “Donations”, insert “by individuals”.

(12)  Schedule 1, page 9 (after line 6), after item 15, insert:

15A  Section 30-241

Omit “you” (twice occurring), substitute “an individual”.

(13)  Schedule 1, page 9 (after line 6), after item 15, insert:

15B  Section 30-242 (heading)

After “Deduction”, insert “by an individual”.

(14)  Schedule 1, page 9 (after line 6), after item 15, insert:

15C  Subsection 30-242(1)

Omit “You”, substitute “An individual”.

(15)  Schedule 1, page 9 (after line 6), after item 15, insert:

15D  Subsection 30-242(2)

Omit “you”, substitute “an individual”.

(16)  Schedule 1, page 9 (after line 6), after item 15, insert:

15E  Subsection 30-242(4)

Omit “You”, substitute “An individual”.

(17)  Schedule 1, page 9 (after line 6), after item 15, insert:

15F  Section 30-243 (heading)

After “deduction”, insert “by an individual”.

(18)  Schedule 1, page 9 (after line 6), after item 15, insert:

15G  Subsections 30-243(1) and (2)

After “deduction” (wherever occurring), insert “by an individual”.

(19)  Schedule 1, page 9 (after line 6), after item 15, insert:

15H  Paragraphs 30-243(2)(a) and (b)

Omit “you” (wherever occurring), substitute “the individual”.

(20)  Schedule 1, page 9 (after line 6), after item 15, insert:

15I  Subsections 30-243(3) and (4)

Omit “You” (wherever occurring), substitute “An individual”.

(21)  Schedule 1, item 16, page 9 (lines 7 and 8), omit the item.

(22)  Schedule 1, items 19 and 20, page 9 (lines 19 to 22), omit the items.

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