Treasury Laws Amendment (Personal Income Tax Plan) Act 2018 (47 of 2018)

Schedule 2   Personal income tax reform

Part 2   Related amendments

Income Tax Rates Act 1986

10   Subsection 3(1) (definition of second resident personal tax rate)

Repeal the definition, substitute:

second resident personal tax rate means the rate mentioned in item 2 of the table in clause 1 of Part I of Schedule 7 that is applicable to the year of income.