House of Representatives

Explanatory Memorandum

(Circulated by authority of the Treasurer,the Hon. John Dawkins, M.P.)

Clauses involved in the proposed amendments

Clause 2: contains the commencement dates for the provisions of the Bill.

Clauses 4 to 6: provides details of the personal rates of tax to apply for the 1994-95 to 1996-97 and subsequent income years respectively.