Taxation (Unpaid
Company Tax—Promoters) Act 1982
No.
121 of 1982
An Act to impose
a tax in respect of certain unpaid company tax
[Assented to 13 December 1982]
BE
IT ENACTED by the Queen, and the Senate and the House of Representatives of the
Commonwealth of Australia, as follows:
Short
title
1. This Act may be cited
as the Taxation (Unpaid Company
Tax—Promoters) Act 1982.
Commencement
2. This Act shall come
into operation on the day on which the Taxation
(Unpaid Company Tax) Assessment Act 1982 comes into operation.
Incorporation
3. The Taxation (Unpaid Company Tax) Assessment Act
1982 is incorporated and shall be read as one with this Act.
Imposition
of tax
4. Where at any time a
promoters taxable amount exists under the Taxation
(Unpaid Company Tax) Assessment Act 1982, tax is imposed, and shall be
levied and paid, on that promoters taxable amount.
Amount
of tax
5.