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Treasury Laws Amendment (Responsible Buy Now Pay Later and Other Measures) Act 2024

No. 138, 2024

An Act to amend the law relating to taxation, consumer credit, the Medicare levy and federal financial relations, and for related purposes

Contents
             1 Short title
             2 Commencement
             3 Schedules
Schedule 1—Build to rent developments
Income Tax Assessment Act 1936
Income Tax Assessment Act 1997
Taxation Administration Act 1953
Schedule 2—Buy now, pay later
Part 1—Extending the application of the National Consumer Credit Protection Act 2009
National Consumer Credit Protection Act 2009
Part 2—Responsible lending conduct
National Consumer Credit Protection Act 2009
Part 3—Credit representatives
National Consumer Credit Protection Act 2009
Part 4—Precontractual disclosure
National Consumer Credit Protection Act 2009
Part 5—Contract documents and statements of account
National Consumer Credit Protection Act 2009
Part 6—Increasing credit limits
National Consumer Credit Protection Act 2009
Part 7—Interest rates and comparison rates
National Consumer Credit Protection Act 2009
Part 8—Default notices
National Consumer Credit Protection Act 2009
Part 9—Avoidance schemes
National Consumer Credit Protection Act 2009
Part 10—Giving information or documents
National Consumer Credit Protection Act 2009
Schedule 3—Medicare levy exemption for lump sum payments
Medicare Levy Act 1986
Schedule 4—Multinational tax transparency—country by country reporting
Taxation Administration Act 1953
Schedule 5—Deductible gift recipients
Part 1—Main amendments
Income Tax Assessment Act 1997
Part 2—Contingent amendments
Income Tax Assessment Act 1997
Schedule 6—National skills and workforce development payments
Part 1—Amendments
Federal Financial Relations Act 2009
Part 2—Application and saving provisions

Treasury Laws Amendment (Responsible Buy Now Pay Later and Other Measures) Act 2024
No. 138, 2024

An Act to amend the law relating to taxation, consumer credit, the Medicare levy and federal financial relations, and for related purposes

[Assented to 10 December 2024]

The Parliament of Australia enacts: