Holiday Closure

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The TimeBase office will be closed for two weeks from Friday 19 December 2014 and re-open Monday 5 January 2015.

If you have any urgent queries during this period, please email or contact Vanessa Morris, CEO direct on mobile: 0409 040 203.

We would like to thank you for your support throughout 2014 and we wish you a safe and enjoyable holiday season.

The TimeBase Team.

New Commonwealth Tax and Superannuation Legislation Sunsetting Draft Regulation

Friday 19 December 2014 @ 10.51 a.m. | Taxation

The Commonwealth has recently released the draft version of the Tax and Superannuation Legislation Amendment (Sunsetting Measures) Regulation 2014 (on 17 December 2014), as part of their policies to reduce red tape, deliver clearer laws, and align existing legislation with current government policy by requiring ongoing review of legislative instruments.

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ACCC v AGL South Australia Pty Ltd [2014] FCA 1369

Friday 19 December 2014 @ 8.53 a.m. | Legal Research | Trade & Commerce

In the case of ACCC v AGL South Australia Pty Ltd [2014] FCA 1369 (15 December 2014), the Federal Court had found that AGL South Australia Pty Ltd (AGL SA) made false or misleading representations and engaged in misleading or deceptive conduct concerning the level of discount residential consumers would receive under AGL SA’s energy plans, in proceedings brought by the Australian Competition and Consumer Commission (ACCC).

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The Year in Review: Our Most Viewed According to Google

Following is a capsule of some the most viewed 2014 articles we have posted to our website so that you can have another look on the odd chance you missed them the first time. We have used the number of times an article was viewed in Google as a rough guide for which articles to include below.

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Apple Defeats $1 Billion US Anti-Trust Lawsuit In Three Hour Jury Decision

Thursday 18 December 2014 @ 11.16 a.m. | Legal Research

A Northern Californian jury found Apple not guilty of anticompetitive conduct in a well-publicised trial that had spent 10 years being “kicked around in various courts and in various forms”.   CNET reported that:

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Corporations Legislation on Simple Corporate Bonds Commences

Wednesday 17 December 2014 @ 11.52 a.m. | Corporate & Regulatory | Trade & Commerce

The Corporations Amendment (Simple Corporate Bonds and Other Measures) Act 2014 (Cth) (No 100 of 2014) (the Act) commences operation on Friday (19 December 2014) and, as previously reported, is intended to streamline the regulatory requirements for issuing simple corporate bonds to retail investors. In line with the commencement of the Act the Corporations Amendment (Simple Corporate Bonds and Other Measures) Regulation 2014 (Cth) (No. 209 of 2014) (the Regulation) has also been notified on 16 December 2014 and is to also commence on Friday 19 December 2014 in line with the Act.

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