Income Tax (Payments For Work) (Consequential Amendments) Act 1983

Overview

The Income Tax (Payments for Work) (Consequential Amendments) Act 1983 was enacted by the Commonwealth Parliament to address the legislative gaps created by the Income Tax Assessment Amendment Act 1983. This Act was designed to ensure that changes to the tax code were reflected accurately across relevant statutes. The objective of the Act was to make necessary amendments to other Acts, such as the Bankruptcy Act 1966 and the Crown Debts (Priority) Act 1981, in light of the new tax provisions. The Act was structured to come into effect on the same day as the Income Tax Assessment Amendment Act 1983, ensuring that the legal framework was updated uniformly and effectively. This legislation aimed to maintain the integrity of the legal system by ensuring that any changes in tax laws were appropriately mirrored in other pertinent Acts, thereby preventing inconsistencies and ensuring a cohesive legal environment. The amendments to the Bankruptcy Act 1966 and the Crown Debts (Priority) Act 1981 were specifically crafted to reflect the new tax provisions, maintaining the balance and coherence of the legal system as a whole.

Scope and Application

The Income Tax (Payments for Work) (Consequential Amendments) Act 1983 applies to the amendments of the Bankruptcy Act 1966 and the Crown Debts (Priority) Act 1981 to reflect changes brought about by the Income Tax Assessment Amendment Act 1983. The Act is designed to ensure that the legislative framework remains consistent and up to date with the most recent tax law amendments. It specifically targets sections 109 of the Bankruptcy Act and section 4 of the Crown Debts (Priority) Act by inserting new references to reflect the changes in tax law, thereby maintaining the priority of certain payments as stipulated by the tax amendments. The Act is applicable across the Commonwealth of Australia and its amendments are effective immediately upon the Income Tax Assessment Amendment Act 1983 receiving Royal Assent. The scope of the Act is limited to the specified amendments and does not extend to other aspects of the referenced Acts or any other legislation unless explicitly stated.

Key Provisions

The Income Tax (Payments for Work) (Consequential Amendments) Act 1983 primarily amends the Bankruptcy Act 1966 and the Crown Debts (Priority) Act 1981 to reflect changes introduced by the Income Tax Assessment Amendment Act 1983. Section 4 of this Act amends subsection (1) of Section 109 in the Bankruptcy Act 1966 by inserting ", 221yhj" after "221p" (Section 4). Similarly, Section 5 amends Section 4 of the Crown Debts (Priority) Act 1981 by inserting ", 221YHJ" after "221P" (Section 5). The obligations imposed by this Act on the parties it governs are primarily to ensure that the changes in the Bankruptcy Act 1966 and the Crown Debts (Priority) Act 1981 are accurately reflected. These amendments aim to maintain consistency and coherence in the application of priority payments across different legislative instruments, ensuring that the changes introduced by the Income Tax Assessment Amendment Act 1983 are uniformly applied. There are no explicit provisions within the Act itself that detail offences, penalties, or consequences for breaches. However, it is important to note that any breach of the amended sections in the Bankruptcy Act 1966 or the Crown Debts (Priority) Act 1981 could potentially result in legal consequences under those respective Acts. The penalties and consequences would depend on the specific nature of the breach and the provisions of the primary legislation. It is advisable to refer to the Bankruptcy Act 1966 and the Crown Debts (Priority) Act 1981 for detailed information on offences and penalties related to breaches of their provisions.