Farm Household Support Amendment (Relief Measures) Act (No. 1) 2020

No. 35, 2020

An Act to amend the Farm Household Support Act 2014, and for related purposes

Contents

1 Short title 1

2 Commencement 2

3 Schedules 2

Schedule 1—Removing business income reconciliation 3

Farm Household Support Act 2014 3

Schedule 2—Extending time limit for farm financial assessment 4

Farm Household Support Act 2014 4

An Act to amend the Farm Household Support Act 2014, and for related purposes

[Assented to 26 March 2020]

The Parliament of Australia enacts:

1 Short title

This Act is the Farm Household Support Amendment (Relief Measures) Act (No. 1) 2020.

2 Commencement 1

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.

Commencement information	Commencement information	Commencement information
Column 1	Column 2	Column 3
Provisions	Commencement	Date/Details
1. Sections 1 to 3 and anything in this Act not elsewhere covered by this table	The day this Act receives the Royal Assent.	26 March 2020
2. Schedule 1	1 July 2020.	1 July 2020
3. Schedule 2	The day after this Act receives the Royal Assent.	27 March 2020

Note: This table relates only to the provisions of this Act as originally enacted.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Legislation that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.

Removing business income reconciliation

Farm Household Support Act 2014

1 Subsection 5(1) (definition of business income)

Repeal the definition.

2 Subsection 55(2)

Omit “Subdivisions C and D”, substitute “Subdivision C”.

3 Subsection 60(2)

Omit “Subdivisions C and D”, substitute “Subdivision C”.

4 Subdivision D of Division 8 of Part 2

Repeal the Subdivision.

5 Saving provision

Despite the repeal of Subdivision D of Farm Household Support Act 2014 made by this Schedule, that Subdivision, as in force immediately before the commencement of this item, continues to apply on and after that commencement in relation to the following:Division 8 of Part 2 of the

working out the rate of farm household allowance for days occurring before that commencement;

working out amounts of farm household allowance paid in relation to days occurring before that commencement that are debts due to the Commonwealth.

Extending time limit for farm financial assessment

Farm Household Support Act 2014

1 Paragraph 85(2)(d)

Omit “(of no more than 28 days) within which the person must have farm financial assessment conducted”, substitute “within which the person must have the farm financial assessment conducted”.

2 Subsection 85(3)

Omit “no more than 28 days”, substitute “a specified period”.

3 Application provisions 1

(1) The amendment made by item 1 applies in relation to a notice given under subsection 85(2) of the Farm Household Support Act 2014 on or after the commencement of that item.

The amendment made by item 2 applies in relation to the following:

(a) a notice given under subsection 85(2) of the Farm Household Support Act 2014 on or after the commencement of that item;

a notice given under that subsection before that commencement, where no extension in relation to that notice had been given under subsection 85(3) of that Act before that commencement.

[Minister’s second reading speech made in—

House of Representatives on 13 February 2020

Senate on 26 February 2020]

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