Commonwealth Consolidated Acts

INCOME TAX RATES AMENDMENT ACT (NO. 1) 1997 - SCHEDULE 2

Income Tax Rates Act 1986

1  Section 20B (definition of lowest marginal rate of tax )

Omit "Part 1", substitute "Part I".

2  Section 20C

Omit "Part 1" (wherever occurring), substitute "Part I".

3  Section 20D

Omit "Part 1" (wherever occurring), substitute "Part I".

4  Section 20E

Omit "Part 1" (wherever occurring), substitute "Part I".

5  Section 20F

Omit "Part 1" (wherever occurring), substitute "Part I".

6  Subsection 20G(5) (definition of tax-free threshold increase )

Omit "Part 1", substitute "Part I".

7  Section 20H

Omit "Part 1" (wherever occurring), substitute "Part I".

8  Subsection 20J(1)

Omit "Part 1" (wherever occurring), substitute "Part I".

9  Subsection 20U(1)

Omit "Part 1" (wherever occurring), substitute "Part I".

10  Application

The amendments made by this Schedule apply in relation to the 1996-97 year of income and to all later years of income.