Income Tax and Succession and Probate Duties (Sailors, Soldiers, and Members of the Air Force) Exemption Act Amendment Act of 1942 (6 Geo Vi No. 28) (Qld)

104 INCOME TAX. Income Tax, Etc., Exemption Act. 6 QEO. VI. No. 28, INCOME TAX. See also COMMONWEALTH AND STATES (FINANCIAL ARRANGEMENTS AND DEVELOPMENT AID ACT). 6 Q N E O O. .2 V S I . . An Act to Amend "The Income Tax and Succession THE INCOME TAX AND and Probate Duties (Sailors, Soldiers, and SUCCESSION AND PROBATE Members of the Air Force) Exemption Act DUTIES (SAILORS, of 1940," in certain particulars. SOLDIEBS, AND MEMBERS OF THE Am [AsSENTED TO 4TH DECEMBER, 1942.] FORCE) B EXEMPTION ACT AMENDMENT ACT OF 1942. E it enacted by the King's Most Excellent Majesty, by and with the advice and consent of the Legis- lative 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 and and t t' Succession and Probate Duties (Sailors, Soldiers, and cons ruc Ion. Members of the Air Force) Exemption Act Amendment Act of 1942," and shall be read as one with *" The Income Tax and Succession . and Probate Duties (Sailors, Soldiers, and Members of the Air Force) Exemption Act of 1940," herein referred to as the Principal Act. Collective title. The Principal Act and this Act may be collectively cited as "The Income Tax and Succession and Probate Duties (Sailors, Soldiers, and Members of the Air Force) Exemption Acts, 1940 to 1942." Repeal of 2. Section five of the Principal Act is repealed and new s. 5. and the following section five is inserted in lieu thereof, namely:- Exemption "[5.] (1.) Notwithstanding anything contained in fdruotmiesdoefath t" The Succession and Probate Duties Acts, 1892 to 1935," estate of for the purpose of obtaining the value for succession dpyerisnognosn and probate or administration duties payable under active sections twelve and fifty-five of such Act of the estate of a service. member of the Naval, Military, or Air Forces of the Commonwealth or of any other part of the King's Dominions, or. of any Ally of Great Britain who, during the present war in which His Majesty is engaged, or within one year after its termination, dies on active service or as the result of injuries received or disease contracted on active service, there shall be deducted in respect of such part of the estate as passes to the widow, children, grand-children, parents, brothers, sisters, * 4 G. 6 No. 22. See 1940 Sess. v., p. 17945. and t 56 V. No. 13 amending Acts. See v. 9, pp. 113 et seq.

INCOME TAX. 1942. Income Tax, Etc., Exemption Act. nephews, or nieces of the deceased, a sum of five thousand pounds or, where the value of that part is less than five thousand pounds, an amount equal to the value of that part: Provided that where any such estate is both in and out of Queensland such deduction shall be apportioned between the part of such estate in and the part thereof out of Queensland according to the respective amounts of such parts. (2.) Where any property in respect of which a deduction has been allowed under subsection one of this section later forms the whole or part of the estate of some other such member so dying, there shall be excluded from the estate of that other member so much of that property as passes to the widow, children, grand- children, parents, brothers, sisters, nephews, or nieces of the other member. (3.) The provisions of this section shall apply to the estates of all such members so dying on or after the third day of September, one thousand nine hundred and thirty-nine, except that, if the succession and probate or administration duties payable under the said sections twelve and fifty-five in respect of any such estate have been duly assessed at a date prior to the passing of *" The Income Tax and Succession and Probate Duties (Sailors, Soldiers, and Members of the Air Force) Act Amendment Act of 1942" any successor who, pursuant to the provisions of this Act in force when such assessment was made, was not liable to pay any such duties shall be deemed to have been discharged by such assessment from· any liability to pay such duties incurred by him by reason of the passing of such amendment Act." * This Act. 105 INCOME TAX, SUSPENSION OF LEVY OF. See COMMONWEALTH AND STATES (FINANCIAL ARRANGEMENTS AND DEVELOPMENT AID ACT). INCOME (STATE DEVELOPMENT) TAX. See COMMONWEALTH AND STATES (FINANCIAL ARRANGEMENTS AND DEVELOPMENT Am ACT).