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This is a Bill, not an Act. For current law, see the Acts databases.
2016-2017
The Parliament of the
Commonwealth of Australia
HOUSE OF REPRESENTATIVES
Presented and read a first time
Medicare Levy Amendment (National
Disability Insurance Scheme Funding)
Bill 2017
No. , 2017
(Treasury)
A Bill for an Act to amend the Medicare Levy Act
1986, and for related purposes
No. , 2017
Medicare Levy Amendment (National Disability Insurance Scheme
Funding) Bill 2017
i
Contents
1
Short title ........................................................................................... 1
2
Commencement ................................................................................. 1
3
Schedules ........................................................................................... 2
Schedule 1--Amendments
3
Medicare Levy Act 1986
3
No. , 2017
Medicare Levy Amendment (National Disability Insurance Scheme
Funding) Bill 2017
1
A Bill for an Act to amend the Medicare Levy Act
1
1986, and for related purposes
2
The Parliament of Australia enacts:
3
1 Short title
4
This Act is the Medicare Levy Amendment (National Disability
5
Insurance Scheme Funding) Act 2017.
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2 Commencement
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(1) Each provision of this Act specified in column 1 of the table
8
commences, or is taken to have commenced, in accordance with
9
column 2 of the table. Any other statement in column 2 has effect
10
according to its terms.
11
12
2
Medicare Levy Amendment (National Disability Insurance Scheme
Funding) Bill 2017
No. , 2017
Commencement information
Column 1
Column 2
Column 3
Provisions
Commencement
Date/Details
1. The whole of
this Act
The first 1 January, 1 April, 1 July or
1 October to occur after the day this Act
receives the Royal Assent.
Note:
This table relates only to the provisions of this Act as originally
1
enacted. It will not be amended to deal with any later amendments of
2
this Act.
3
(2) Any information in column 3 of the table is not part of this Act.
4
Information may be inserted in this column, or information in it
5
may be edited, in any published version of this Act.
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3 Schedules
7
Legislation that is specified in a Schedule to this Act is amended or
8
repealed as set out in the applicable items in the Schedule
9
concerned, and any other item in a Schedule to this Act has effect
10
according to its terms.
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Amendments Schedule 1
No. , 2017
Medicare Levy Amendment (National Disability Insurance Scheme
Funding) Bill 2017
3
Schedule 1--Amendments
1
2
Medicare Levy Act 1986
3
1 Subsections 6(1) to (6)
4
Omit "2%", substitute "2.5%".
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2 Subsection 7(4)
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Omit "$520", substitute "$555".
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3 Subsection 8(2) (formula)
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Repeal the formula, substitute:
9
2.5% of the
The family
The family
family income
income
income
threshold
threshold
0.075
in relation
in relation
in relation
to the
to the
to the
relevant person
relevant person
relevant person
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4 Application of amendments
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The amendments made by this Schedule apply to assessments for the
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2019-20 year of income and later years of income.
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