Taxation Administration Amendment (Serious Financial Crime Taskforce) Regulations 2019 (Cth)

Taxation Administration Amendment (Serious Financial Crime Taskforce) Regulations 2019

I, General the Honourable Sir Peter Cosgrove AK MC (Ret’d), Governor‑General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following regulations.

Dated 21 March 2019

Peter Cosgrove

Governor‑General

By His Excellency’s Command

Stuart Robert

Assistant Treasurer

Contents

1Name

This instrument is the Taxation Administration Amendment (Serious Financial Crime Taskforce) Regulations 2019.

2Commencement

1. (1)

   Each provision of this instrument 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. The whole of this instrument	The day after this instrument is registered.	26 March 2019

Note: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.

1. (2)

   Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.

3Authority

This instrument is made under the Taxation Administration Act 1953.

4Schedules

Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

Schedule 1—Amendments

Taxation Administration Regulations 2017

1

Section 67 (at the end of the table)

Add:

10 Serious Financial Crime Taskforce

2

In the appropriate position in Part 7

Insert:

Division 3—Transitional matters relating to the Taxation Administration Amendment (Serious Financial Crime Taskforce) Regulations 2019

74Disclosure of information to the Serious Financial Crime Taskforce

The amendment of section 67 of this instrument made by Schedule 1 to the Taxation Administration Amendment (Serious Financial Crime Taskforce) Regulations 2019 applies in relation to disclosures of information made on or after 1 July 2019 (whether the information was obtained before, on or after that date).