Tax Laws Amendment (Managed Investment Trust Withholding Tax) Act 20122 (97 of 2012)

Schedule 1  

Taxation Administration Act 1953

2   Subparagraph 12-390(3)(a)(iii) in Schedule 1

Repeal the subparagraph, substitute:

(iii) 7.5% for fund payments in relation to later income years starting before 1 July 2012; or

(iv) 15% for fund payments in relation to later income years starting on or after 1 July 2012; or