Treasury Laws Amendment (Making Sure Every State and Territory Gets Their Fair Share of GST) Act 2018

1 Short title

This Act is the Treasury Laws Amendment (Making Sure Every State and Territory Gets Their Fair Share of GST) Act 2018.

2 Commencement

Each provision of this Act 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.

Note: This table relates only to the provisions of this Act as originally enacted.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

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

3 Schedules

Legislation that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.

4 Review of this Act

(1) As soon as the Productivity Minister considers appropriate, the Productivity Minister must, under Part 3 of the Productivity Commission Act 1998, refer to the Productivity Commission for inquiry the matter of the operation of this Act, including:

whether the amendments made by this Act are operating efficiently, effectively and as intended; and

the fiscal implications for each State, the Australian Capital Territory and the Northern Territory, of the amendments made by this Act.

Note: Among other things, the Productivity Commission Act 1998 provides for the Productivity Commission to prepare a written report to be tabled in both Houses of the Parliament.

(2) In referring the matter to the Productivity Commission for inquiry, the Productivity Minister must, under paragraph 11(1)(b) of the Productivity Commission Act 1998, specify the period ending on 31 December 2026 as the period within which the Productivity Commission must submit its report on the inquiry.

(3) For the purposes of paragraph 6(1)(a) of the Productivity Commission Act 1998, the matter mentioned in subsection (1) is taken to be a matter relating to industry, industry development and productivity.

(4) The Productivity Minister is the Minister administering the Productivity Commission Act 1998.