National Tax Reform (State Provisions) (Administrative Penalties) Amendment Act 2013 (SA)

South Australia

National Tax Reform (State Provisions) (Administrative Penalties) Amendment Act 2013

An Act to amend the National Tax Reform (State Provisions) Act 2000.

The Parliament of South Australia enacts as follows:

Part 1Preliminary1Short title

This Act may be cited as the National Tax Reform (State Provisions) (Administrative Penalties) Amendment Act 2013.

2Commencement

This Act will come into operation on 1 July 2013.

3Amendment provisions

In this Act, a provision under a heading referring to the amendment of a specified Act amends the Act so specified.

Part 2Amendment of National Tax Reform (State Provisions) Act 20004Amendment of section 2 – Interpretation

1. (1)

   Section 2—before the definition of constitutional exemption insert:

   administrative penalty means an administrative penalty prescribed under Division 284, 286 or 288 of Schedule 1 Chapter 4 of the Taxation Administration Act 1953 of the Commonwealth;

2. (2)

   Section 2—after the definition of GST law insert:

   interest charge means a general interest charge imposed under section 3 of the General Interest Charge (Imposition) Act 1999 of the Commonwealth or a shortfall interest charge imposed under section 3 of the Shortfall Interest Charge (Imposition) Act 2005 of the Commonwealth;

5Amendment of section 4 – Exempt entities to pay GST equivalent, interest and penalties

Section 4—after subsection (1) insert:

1. (1a)

   An exempt entity must pay to the Commonwealth Commissioner of Taxation amounts that would have been payable as interest charges or as administrative penalties if the entity were liable to GST.