Income Tax Act Amendment Act of 1921 (12 Geo v No. 19) (Qld)

9698 HOLIDAYS.-INCOME TAX. Income Tax Act Amendment Act. 12 GEO. V. No. 19, (4.) After the passing of this Act- (a) The Home Secretary shall not grant a permit under *" The Totalisator Restriction Act of 1889" or any Act amending or in substitution for that Act to any racing club to use a totalisator at any horse-racing meeting pro- posed to be held on Anzac Day; (b) No racing club within the meaning of the last-mentioned Act shall hold or conduct any horse~ racing meeting on Anzac Day; and for any contravention of this provision the secretary and all the members of the com- mittee or executive body of such racing club shall jointly and severally be liable to a penalty not exceeding fifty pounds, to be recovered upon complaint in a summary way under t" The J'usticcs Acts, 1886 to 1909," or in lieu of proceeding for such penalty the Home Secretary may refuse to grant to such club any permit to use the totalisator under *"The Totalisator Restriction Act of 1889" for such period as he thinks proper. INCOME TAX. 12 Geo. V. An Act to further Amend "The Income Tax Act of No. 19. THE INCOME 1902" in certain particulars. TAX ACT AMENDMENT ACT OF 1921. [ASSENTED TO 9TH NOVEMBER, 1921.] B E it enacted by the King's .Most Excellent Majesty, by and with the advice and consent of the Legis- lative Council and Legislative Assembly of Queensland in Parliament assembled, and by the authority of the same, as follows :- Short title 1. This Act may be cited as " The Income Tax Act : ~~stIUction Amendment Act of 1921," and shall be rea? as one of Act. with t" The Income Tax Act of 1902" and Its several amendments (herein collectively referred to as the Principal Act). * 53 Vic. No. 2, supra, page 815. t 50 Vic. No. 17 and amending Acts, supra, pages 1132 et seq. t 2 Edw. VII. No. 10 and amending Acts, supra pages 9379 and 9568.

INCOME TAX. 969~ 1921. Income Tax Act Amendment Act. 2. In the· definition of "Income derived from Amendment> personal exertion" in section three of the Principal of s. 3. Act, after the words " any business carried on in Queens- land" the words" other than a business carried on with the assets of or as part of or in connection with a trust estate" are inserted. The said definition as hereby amended shall be construed in the Principal Act so a~ to apply to incomes for the year commencing on the first day of July, one thousand nine hundred and eighteen, and for each subse- quent year, and to that extent this enactment shall have retrospective operation. 3. The following amendments are made in section Am.mdmenl;. seven of the Principal Act:- of s. 7. (1.) In paragraph (i.) of subsection one, the words- " On the first £1 the rate shall be 616Qood. a,nd the rate shall progressively increase by loQood. for each and every additional £ until the taxable income reaches £4,000, when the rate shall be' 30d. in the £; On all such taxable income in excess of £4,000 the rate shall be 30d. in the £ on the first £4,000, and 36d. in the £ on each and every £ in excess of £4,000 : " are repealed and the words- " When the taxable income does not exceed £4,000 the rate on each and every £ of the taxable income shall be 6d. plus as many times lo6ood. as there are pounds in the taxable income; . \Vhen the taxable income exceeds £4,000 the rate shall be 30d. in the £ on the first £4,000, and 36d. in the £ on each and every £ in excess of £4,000; " are inserted in lieu thereof. (2.) The following provision is added to the proviso to paragraph (i.) of subsection one : - "Provided nevertheless that the maximum amount of land tax to be deducted from a taxpayer's income tax for anyone year shall not exceed one hundred pounds." (3.) In paragraph (ii.) of subsection one, the words- " On the first £1 the rate shall be 121o±ood., and the rate shall progressively increase by lo±ood. for

9700 INCOME TAX. Income Tax Act Amendm2nt Act. 12 GEO. V. No. 19, each and every additional £ until the taxable income reaches £3,000, when the rate shall be 24d. in the £; On such taxable income of £3,001 the rate shall be 241060od., and the rate shall progressively increase by loQood. for each and every additional £ until the taxable income reaches £4,000, when the rate shall be 30d. in the £; On all such taxable income in excess of £4,000 the rate shall be 30d. in the £ on the first £4,000, and 36d. in the £ on each and every £ in excess of £4,000." are repealed and the words- " When the taxable income does not exceed £3,000, the rate on each and every £ of the taxable income shall be 12d. plus as many times 10 4 0od. [1S there are pounds in the taxable income; When the taxable income exceeds £3,000 but does not exceed £4,000, the rate on each and every £ of the taxable income shall be 6d. plus as many times 10 6 0 od. as there are pounds in the taxable income; When the taxable income exceeds £4,000 the rate shall be 30d. in the £ on the first £4,000, and 36d. in the £ on each and every £ in excess of £4,000." are inserted in lieu thereof. (4.) The following provision is added to paragraph (vii.) of subsection one:- "Provided also that, if any income is received by a company from any of the State or Commonwealth securities mentioned in paragraph (viii.) of section twelve of this Act, the Commissioner shall deduct from the profit the income so earned, and shall also deduct from ~ he paid-up capital so much of the actual amount invested in such securities as he thinks reasonable when determining the rate of tax chargeable on the taxable income." (5.) In paragraph (viii.) of subsection one, after the \vord "Queensland" and withjn the same parentheses, the words" or at seven and a-half per centum of the gross revenue derived from Queensland" are inserted, and the words" or paragraph (v.)" are repealed.

INCOME TAX. 1921. Income Tax Act Amendment Act. (6.) Subparagraphs (a) and (b) and (c) of paragraph (ix.) of subsection one are repealed and the following provisions are inserted in lieu thereof :--- " The rate of tax shall be fixed as follows : - (a) The percentage which the total profits of the company bear to the capital of the company as defined by subsect.ion three hereof; and (b) The percentage which the Queensland profits of the company bear to the capital of the company as defined by subsection three hereof; and (c) The percentage which the Queensland profits of the company bear to the capital of the company invested in Queensland, shall each be ascertained, and the rate of tax shall be the rate that would apply under paragraph (v.) or paragraph (vi.) of this subsection, as the case may require, if the greatest of the percentages so ascertained were the percentage of the total profits of the company on the capital of the company under such paragraph. (d) Notwithstanding the foregoing provision of this paragranh, if the company- Has no paid-up capital; or Is such that the capital invested in Queensland cannot be ascertained; or Has not supplied full information as to its paid- up capital and profits; or Fails to supply to the Commissioner any information which he deems necessary to enable a proper assessment to be made, incom~ tax shall be charged at the highest rate in the £ fixed by paragraph (v.) or paragr3Jph(vi.) of this sub- section, as the case may require, on each and every £ of its income. "The capital of the company invested in Queens- land," for the purposes of this paragraph (ix.), is an amount which bears the same proportion to the paid-up capital of the company as the value of the Queensland assets bears to the value of the total assets of the company." (7.) In subsection three, after the word "value" ,the words "at the beginning of the year during whic- the income was earned" are inserted. 9701 •

9702 INCOME TAX. Income Tax Act Amendment Act. 12 GEO. V. No. 19, The following provisions are added to subsection three:- " Provided that- (a) If a company has written down its capital the Commissioner may treat as paid-up capital payments by any shareholder holding shares at the beginning of the year during which the income was earned who held shares at the time the writing off took place to the extent of the amount paid by him which was written off on any of his existing shares ; (b) So much of the amount of any goodwill ap- pearing as an asset in the company's accounts shall be deducted from the paid-up capital as was not paid for in cash on the purchase of a business by the company or on which tax under this Act was not paid by the vendor of a business when selling to the company." (8.) Paragraph (c) of subsection eight is repealed and the following paragraph is inserted in lieu thereof :- "(c) The percentage which the Queensland profits of the company bear to the capital of the company invested in Queensland." After paragraph (ii.) of the proviso to the said sub- section the following paragraph is inserted ;- " (iii.) The capital invested in Queensland shall be a sum which bears the same proportion to the paid-up capital as the value of the assets in Queensland bears to the value of the total assets of the company." (9.) The said section seven of the Principal Act as amended by subsections one, three, four, five, six, seven, and eight of this section shall be construed in the Principal Act so as to apply to incomes for the year commencing on the first day of July, one thousand nine hundred and eighteen, and for each subsequent year, and to that extent the said enactments of this section shall have retrospective operation. < A If m S e . n 1 d 2 m A. ent 12A o 4 f . thTehePrfionlcloipwailnAg catm; e-ndments are made in section (1.) The following provision is added to paragraph (ii.) of subsection two under heading (I.) ;- "If the sale is of a business (including a mine) to a company and part of the •

INCOJ\lIE TAX. 1921. Income Tax Act Amendment Act. purchase money is paid in shares of the . company the Commissioner shall assess the value of such shares, and the value thereof shall be taken as the considera- tion paid to the vendor for that part of the purchase money represented by the shares, and when the vendor sells any of such shares the value so assessed shall be taken as the cost price of such shares to the vendor." (2.) After the said paragraph (ii.) the following paragraph is inserted :- "(iia.) On the sale of any share or interest in a business other than that carried on by a company the net gains or profits shall be arrived at by deducting from the amount realised by the sale- (a) The amount if any actually paid by the vendor for such share or interest; and (b) The amount of any profit in the business attributable to such share or interest not drawn by him at the date of the sale or subsequent thereto, less any part of such profits on which income tax has not been paid." (3.) In subparagraph (a) of paragraph (iv.) of the said subsection two, after the words "Moreover, such sum shall be deemed to be income of the vendor" the following provision is inserted :-" If on the sale of a station property" walk-in, walk-out" a profit is made on the sale of any of the assets-live stock, freehold or leasehold, or improvements or plant-and a loss is made ,on any other of these assets, the loss shall be deducted from the profit. . If on a sale of a station property any of the afore- said assets are sold separately from the rest of the property, but in the same year, a loss on any of them shall be deducted from a profit on any other of them." In the provision of the said subparagraph imme- diately before the proviso thereto, the words "such income" are repealed and the words " the income derived from the sale of the property and the stock" 9703

9704 INCOME TAX. Income Tax Act Amendment Act. 12 GEO. V. No. 19, are inserted in lieu thereof; also, after the words "income of the purchaser" the words "and the Com- missioner may register a charge against any land included in the sale for the amount of income tax owing." Subparagraph (b) of the said paragraph (iv.) is repealed and the following subparagraph is inserted in lieu thereof :- " (b) If the sale is not of a business as aforesaid but of a share or interest in a partnership which carries on such a business, then the provisions of paragraph (iva.) hereof shall be ap- plicable with the modification that the value of the purchaser's interest in the live stock comprised in the purchase by him of such share or interest shall be deemed to bear the same proportion to the total value allocated to the live stock owned by the partnership as the share or interest so purchased by him bears to the total shares or interests of the partnership." The said paragraph (iv. ) as amended by the foregoing provisions of this su.bsection shall be construed in the Principal Act so as to apply to incomes for the year commencing on the first day of January, one thousand nine hundred and fifteen, and for each subsequent year, and to that extent the foregoing enactments of this sub- section shall have retrospective operation. (4.) After the said subsection two the following sub- section is inserted :- "(2A.) The rate of tax in respect of taxable income derived from any sale to which the foregoing subsection one or subsection two of this section applies shall be arrived at by adding to the taxpayer's other taxable income an amount equal to one-fifth of the profit made on such sale and applying the rate that would be charge- able on the aggregate amount thereof to the whole taxable income of the taxpayer. In any such case an extension of time for paying the tax may be allowed by the Commissioner with- out penalty."

INCOME TAX. 1921. Income Tax Act Amendment Act. (5.) After subsection three under heading (I.) all words from and including "For the purpose of' to and including "in respect of such live stock" are repealed and the following provisions are inserted in lieu thereof :- "(4.) A retiring allowance or gratuity which is paid in a lump sum. In such case the rate of tax in respect of the whole taxable income of the taxpayer including such allowance or gratuity for the year shall be arrived at by deducting from such taxable in- come four-fifths of the amount of such allow- ance or gratuity, and applying the rate that would be chargeable on the amount so ascer- tained to the whole taxable income of the tax- payer. In any such case an extension of time for paying the tax· may be allo'ted by the Commissioner without penalty. For the purpose of any of the foregoing provisions under this heading (I.) and paragraph (2) under heading (II.)- (a) Transfers of any property including live stock by any person to any other person by way of gift or for a nominal or manifestly inade- quate consideration, or to any beneficiary under any will or in the distribution of any intestate estate; or 'b) The taking over of a taxpayer's estate on his death by an executor or administrator, shall be considered to be sales, and the selling price in the case of all such property other than live stock shall be the market price of the property transferred or taken over as at the date of transfer or death, and in the case of live stock shall be the price per head at which the late owner returned the same class of live stock in the last income tax return in which he returned his live stock on hand at the close of the year in respect of which such return was made, or, if purchased during the year for which the return is made, at the .actual purchase price, to which in each case shall be added, for the purpose of arriving at the purchasing price to any beneficiary, executor, or administrator as aforesaid, the amount of any probate duty, succession duty, or estate duty paid in respect of such live stock. 9705

9706 INCOME TAX. Income Tax Act Amendment Act. 12 GEO; V. No. 19, (6.) The provision in the last paragraph hereof set forth shall be construed in the Principal Act so as to apply to incomes for the year commencing on the first day of January, one thousand nine hundred and fifteen, and for each subsequent year, and to that extent the said provision shall have retrospective operation. (7). The following provision is added to paragraph (2) under heading (lI.) : - "The rate of tax in respect of taxable income derived from any such premium if paid in one year shall be arrived at by adding to the taxpayer's other taxable income an amount equal to one-fifth of such premium and applying the rate that would be chargeable on the aggre- gate amount thereof to the whole taxable income of the taxpayer. In any such case an extension of time for paying' the tax may be allowed by the Commissioner without penalty." (8.) The following provision is added to paragraph (5) under heading (lI.) : - "Provided that, if a business is carried on by executors, administrators, or trustees who are beneficially entitled to any part of the income derived from such business, the Commissioner shall treat such part of the income as income derived from personal exertion." (9.) The amendment of the said paragraph (5) under heading (lI.) set forth in the last preceding para- graph hereof shall be construed in the Principal Act so as to apply to incomes for the year commencing on the first day of July, one thousand nine hundred and eighteen, and for each subsequent year, and to that extent the provision in the last preceding paragraph hereof shall have retrospective operation. Amendment 5. In the first paragraph of section fifteen of the of s. 15. Principal Act, after the word "quarters" where it first occurs, the words "in the residence of the taxpayer owned and occupied by him or occupied by him rent free" are inserted. The last paragraph of the said section is repealed.

INCOME TAX. 9707 1921. Income Tax Act Amendment Act. 6. The following amendments are made In section Amendment sixteen of the Principal Act :_ of s. 16. ( l. ~ In paragraph (ix.), the words "for which such lease was granted" are repealed and the words "for which the lease has still to run" are inserted in lieu thereof. (2.) The following provision is added to the said paragraph (ix.):- " Provided, however, that the deduction allowable under this provision in a case of the purchase of a lease granted by the Crown shall be allowable only where such purchase was made after the thirtieth day of June, one thousand nine hundred and eighteen." and the said paragraph as so amended shall be construed in the Principal Act so as to apply to incomes for the year commencing on the first day of July, one thousand nine hundred and eighteen, and for each subsequent year, and to that extent the said paragraph as so amended shall have retrospective operation. (3.) After paragraph (x.) the following paragraphs are inserted :- " (xi.) Any expenses incurred in earning income exempt from taxation: Provided that, if in the opinion of the Commissioner this cannot be accurately d,etermined, an amount of one-half per centum on the income so received shall be disallowed as a deduction from the taxpayer's taxable income. If the taxpayer has paid interest during any year and has earned in that year income which is exempt from taxation, the interest allowable as a deduction from his taxable income shall be a sum which bears the same proportion to the total interest paid as the value at the end of the year of the assets which were used in earning his taxable income bears to such value of his total assets; \xii.) Any sum as a bonus or fee to a director or to a member of the family of a director in a company in excess of what the Commissioner considers a reasonable amount;

708 INCOME TAX. Income Tax Act Amendment Act. 12 GEO. V. No. 19, (xiii.) Any depreciation in the value of stock-in- trade (including live stock) below its cost , p.rice, unless with the approval of the Commis- SIOner; (xiv.) Any loss incurred in a previous year: Provided, however, that if a taxpayer deriving I income from any agricultural or dairying or grazing pursuits carried on by him makes a loss I in any year in connection with such pursuits . this loss may be carried forward into his subsequent yearly returns (but not exceeding : fi ve years) until the loss has been made good, , but from the loss shall be deducted any expenditure which was not an allowable: deduction under this Act for the year in I which the loss was made. But in the case of a taxpayer carrying on grazing pursuits the amount of any such loss after the deduction I aforesaid which may be carried forward by , him shall not exceed one thousand pounds, loss in respect of anyone year, and for the I purposes of this paragraph any person whose principal business is buying and selling live stock shall not be deemed to be carrying on . grazing pursuits. In any case where, for the purpose of ensuring regu- larity of price or for the purpose of distribution amongst, its producing shareholders, a co-operative company' dealing with butter, cheese, bacon, fruit, or wheat, or any other. primary products used for food purposes, distributes, within six months after the close of any year for which such company makes a return of income, any profits made during that year, such company shall not be liable to pay income tax on the amount of such profits so distributed for such purpose." Amendment 7. The following provision is added to section of s. 21. twenty-one of the Principal Act:- "Provided that the Commissioner may declare any person in Queensland who holds money or may in future hold moneys on behalf of or is liable to pay moneys to a person liable to income tax to be the agent of such person, and such agent before paying any moneys to such other person after receipt of a notice from the Commis- sioner shall be liable to pay the anfount of income tax

INCOME TAX. 9(09 1921. Income Tax Act Amendment Act. due by such other person, but shall be entitled to deduct from the moneys due to such other person the amount of tax paid by him on behalf of such other person." 8. Section twenty-five of the Principal Act is Agents of repealed and the following sections are inserted in lieu :~ ~ e~ r~: : ees. thereof:- "[25.1 Every agent for an absentee and every trustee is answerable for the doing of all such acts, matters, and things as are required to be done by virtue of this Act in order to ensure the assessment of the income which belongs to such absentee, or which is the subject of the trust of such trustee, or which is received by such agent or trustee, and. for paying income tax in respect thereof, but, save as by this Act is otherwise provided, shall not otherwise be personally liable for any such tax. [25A.] Every agent and every trustee- Agents aDd trustees. (i.) Is authorised to recover from or deduct from any moneys belonging to any person in whose behalf such agent or trustee is compelled to pay income tax, the amount so paid; (ii.) Is authorised and required to retain from time to time in each year out of any money which comes to him as such agent or trustee so much as is sufficient to pay income tax in respect of any income subject to such tax; and is indemnified for all payments which as such agent or trustee he may make jn pursu- ance of this Act or by requirement of the Commissioner; (iii.) Is personally liable for income tax payable in respect of any income if, while such tax remains unpaid, he- (a) Alienates, charges, or disposes of such in- come; or (b) Disposes of or parts with any fund or money which comes to him after such tax is pay- able, from or out of which fund or money such tax could legally have been paid; but, save as by this Act is otherwise provided, shall not otherwise be personally liable for any such tax."

r 9710 INCOME TAX. Income Tax Act Amendment Act. 12 GEO. V. No. 19, Amendment 9. (1.) The following amendments are made in of B. 31. section thirty-one of the Principal Act : - (i.) Paragraph (iv.) is repealed. (ii.) Paragraph (v.) is repealed and the following paragraph is inserted in lieu thereof :-' " (iv.) The net income of any other foreign company liable to assessment under this Act shall be the amount of the profits made by the com- pany on its business in Queensland plus any expenses or charges which are not allowable deductions under this Act. If such profits cannot, in the opinion of the Commissioner, be otherwise satisfactorily determined, the taxable amount of the income 'of the company may be assessed by the Com- missioner at a sum which bears the same proportion to the total profits made by the company· in Australia as the sales made in Queensland bear to the sales made in Australia, or, if there are no sales, in the same proportion as the total revenue derived from Queensland bears to the total revenue derived from Australia, but to the amount so arrived at there shall be added payments of income tax 'with regard to Queensland income and any other expenditure incurred in Queensland not allowable as a deduction under this Act. If the Commissioner is satisfied that this information cannot be obtained or is not satisfied that the profits returned disclose the true state of affairs he may assess the taxable income of the company at a sum equal to seven pounds ten shillings per centum of the gross sales made in Queensland, or, if there are no sales, at a sum equal to seven pounds ten shillings per centum of the gross revenue derived from Queensland." (2.) The said section thirty-one of the Principal Act as amended by paragraphs (i.) and (ii.) of subsection one of this section shall be construed in the Principal Act so as to apply to incomes for the year commencing on the first day of July, one thousand nine hundred and eighteen, and for each subsequent year, and to that extent the said enactments of this section shall have retrospective operation.

INCOME TAX. 9711 1921. Income Tax Act Amendment Act. ---- ------ ---------------------------------- 10. In subsection two of section thirty-two of the Amendment Principal Act, the words "at the rate appropriate to the of s. 32. principal's income" are repealed and the words" as if the income were the income of one person or company" are inserted in lieu thereof; also, after the words "liability to" the words "make returns or to" are inserted. 11. Subsection four of section thirty-nine of the Amendment Principal Act is repealed. of s. 39. In subsection five of the said section, the words "as if the same had been required to be made or had been made within the year or period for which assessments are required to be made" are repealed and the words "at any time and payment may be demanded within such time as the Commissioner considers reasonable" are inserted in lieu thereof. 12. (1.) Paragraph (c) of section forty of the Amendment Principal Act is repealed and the following paragraphs of s. 40. are inserted in lieu thereof :- " (c) If any person carrying on business was on the first day of July, one thousand nine hundred and eighteen, or at any time thereafter, carrying on business with his wife and any other person, or with any child of his under the age of twenty-one years and with any other· person, the share of the profits to which such wife or child is entitled shall be assessed as if it were part of the income of the husband or father; (d) If any person carrying on business was on the first day of July, one thousand nine hundred and eighteen, carrying on business with or thereafter carries on business with any member of his family (whether wife, husband, father, mother, children, or other relative by blood or marriage), and has provided at least seventy-five per centum of the original capital of the business, he shall be assessed as if he received the total income from the business, but shall be allowed to deduct any amounts actually paid to any such partners for services actually performed by them in the business;

9712 INCOME TAX. Inc'Yn, Ta,]; Ar;t Amm1, m~ nt Act. 12 GEO. V. No. 19, 1921. (e) If a husband and wife are carrying on separate' businesses and the original capital for these has been provided by either the husband or I wife the income shall be assessed as if it were the income of the husband or wife, but a I reasonable amount may be allowed by the, Commissioner as salary to the wife or husband ;" (2.) The said section forty as so amended shall be ! construed in the Principal Act so as to apply to incomes, for the year commencing on the first day of July, one thousand nine hundred and eighteen, and for each subse- , quent year and to that extent the said section as so I amended shall have retrospective operation. 13. After section 72A of the Principal Act. the following section is inserted :- Evasions by "[72B.] When the Commissioner has reasonable transients. grounds for believing that any person, whether theretofore, residing in Queensland or not (herein termed" the tran- sient"), while in Queensland has received or is entitled to I receive income, and that the transient intends to leave Queensland without paying income tax, the Commissioner or any officer authorised by him in that behalf may at, any time require the transient (or if he is an employee, his employer) to forthwith make a return of the amount, of such income, and may forthwith asse~ s the income tax payable by the transient thereon and demand immediate: payment of the same, and if the same is not forthwith paid, or arrangements satisfactory to the Commissioner are not made for payment, may without warrant cause: the transient to be arrested by any member of the police force and detained until he can be brought before justices I upon a complaint for avoiding or attempting to avoid assessment of income or the payment of the tax, or may' forthwith demand the tax from any person declared I pursuant to this Act to be the agent of the transient." Periods of 14. Save as is herein otherwise expressly provided, a'S88ssment!' the first period for which assessments of income shall be, made under the Principal Act as amended by this Act, shall commence on the first day of July, one thousand nine hundred and twenty, and end on the thirtieth day' ofJune, one thousand nine hundred and twenty-one, and all subsequent annual periods shall be reckoned froml

. ~ INCOME TAX.-JUSTICES. 9713 12 GEO. V. No. 22, 1921. Magistrates Oourts Act. that period, and to that extent this Act shall have retrospective operation, to the intent that the Principal Act as amended by this Act shall apply to all incomes for the first period commencing and ending as aforesaid, .and for every subsequent annual period, and to the .assessment levy payment and recovery of tax thereon. 15. In all copies of the Principal Act, as amended Reprinting by this Act, hereafter printed by the Government Act. Printer, the sections, subsections, and numbered or lettered paragraphs thereof shall be renumbered or relettered so as to be in consecutive numerical or alpha- betical order throughout, and all specific references to any section, subsection, or paragraph by its number or letter in any enactment therein contained shall be .amended by the substitution of the proper number or letter of the reprinted Act. INFANT LIFE PROTECTION. See CHILDREN. INSCRIBED STOCK. See LOANS. JUDGES' RETIREMENT. See SUPREME COURT. JUSTICES. An Act to Amend the Laws relating to the Juris- 12 Geo. V. diction of Magistrates and Justices of the Peace N T o H . E 22. in Civil Matters. MAGIS- TRATES [ASSENTED TO 11TH NOVEMBER, 1921.] COOUFRT 1 S 92 A 1 C . T -BE it enacted by the King's Most Excellent Majesty, by and with the advice and consent of the Legis- lative Council and Legislative Assembly of Queensland in Parliament assembled, and by the authority of the same, as follows:- 1. (1.) This Act may be cited as "The Magistrates Short title Oourts Act of 1921." find com- mencement F of Act.