The Treasury Laws Amendment (2020 Measures No 4) Bill 2020 was introduced into the House of Reps on 28 October 2020. It contains measures to render certain regulatory refunds, to electricity retailers, of a shortfall charge paid, in lieu of surrendering ‘large-scale generation certificates’, non-assessable and non-exempt (NANE). It also has measures to assist in the transition from the Superannuation Complaints Tribunal (SCT) to the Australian Financial Complaints Authority (AFCA).

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[Tax Month – October 2020]

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