Income Tax Rates Act 1986

Pt IV repealed by No 47 of 2018, s 3 and Sch 2 item 13, effective 1 July 2018. No 47 of 2018, s 3 and Sch 2 item 14 contains the following provision:

14 Repealed law continues for relevant years of income  
14
Despite the repeal of Part IV of the Income Tax Rates Act 1986 by this Part, that Part continues to apply, in relation to assessments for a temporary budget repair levy year, as if that repeal had not happened.

Note:

The temporary budget repair levy years are the years of income corresponding to the 2014-15, 2015-16 and 2016-17 financial years (see former section 32 of the Income Tax Rates Act 1986 ).

Pt IV inserted by No 45 of 2014, s 3 and Sch 1 item 1, effective 25 June 2014.

S 32 repealed by No 47 of 2018, s 3 and Sch 2 item 13, effective 1 July 2018. See note under Pt IV heading. S 32 formerly read:

SECTION 32 INTERPRETATION  
32
In this Part:

temporary budget repair levy year
means a year of income corresponding to a temporary budget repair levy year (within the meaning of section 4-11 of the Income Tax (Transitional Provisions) Act 1997 ).

S 32 inserted by No 45 of 2014, s 3 and Sch 1 item 1, effective 25 June 2014.