Income Tax and Social Services Contribution Act (No. 2) 1959 (Cth)

INCOME TAX AND SOCIAL SERVICES CONTRIBUTION (No. 2).

 

No. 87 of 1959.

An Act to amend the Income Tax and Social Services Contribution Act 1959.

[Assented to 2nd December, 1959.]

BE it enacted by the Queen’s Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia, as follows:—

Short title and citation.

1.—(1.) This Act may be cited as the Income Tax and Social Services Contribution Act (No. 2) 1959.

(2.) The Income Tax and Social Services Contribution Act 1959, as amended by this Act, may be cited as the Income Tax and Social Services Contribution Acts 1959.

 

Commencement.

2.This Act shall come into operation on the day on which it receives the Royal Assent.

Imposition of income tax and social services contribution.

3. Section five of the Income Tax and Social Services Contribution Act 1959 is amended by inserting after sub-section (1.) the following sub-section:—

“(1a.) Income tax and social services contribution payable in accordance with section one hundred and twenty-eight b of the Assessment Act is not imposed by this Act and a reference in the succeeding provisions of this Act to income tax and social services contribution shall be read as not including a reference to income tax and social services contribution so payable.”