Tax Laws Amendment (Personal Tax Reduction and Improved Depreciation Arrangements) Act 2006 (55 of 2006)

Schedule 1   Reduced personal income tax rates

Part 2   Related amendments

Income Tax Rates Act 1986

15   Paragraphs 23(4)(c) and (4A)(d) and 26(1)(b)

Omit "47%", substitute "45%".