Taxation Laws Amendment Act 1994 (56 of 1994)

Part 3   AMENDMENT OF THE INCOME TAX ASSESSMENT ACT 1936

Division 9   Exclusion of low income rebate from provisional tax arrangements

68   Application of amendments

 

(1) The amendment made by section 66 applies to provisional tax (including instalments) payable in respect of income of the 1994-95 year of income and in respect of income of all later years of income.
        

      

(2) The amendment made by paragraph 67(a) applies to estimates of provisional tax (including instalments) payable in respect of income of the 1993-94 year of income (other than estimates included in statements furnished to the Commissioner before 14 December 1993) and to estimates of provisional tax in respect of all later years of income.
        

      

(3) The amendment made by paragraph 67(b) applies to calculations of provisional tax on the basis of estimates to which the amendment made by paragraph 67(a) applies.