Income Tax Regulations (Amendment) (Cth)

Statutory Rules 1990 No. 4681

Income Tax Regulations2 (Amendment)

I, THE GOVERNOR-GENERAL of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Regulations under the Income Tax Assessment Act 1936.

Dated 17 December 1990.

BILL HAYDEN

Governor-General

By His Excellency’s Command,

Treasurer

 

1. Amendment

1.1 The Income Tax Regulations are amended as set out in these Regulations.

2. Regulation 148 (Interpretation)

2.1 Definition of “separated-rate service pension” (paragraph (b)):

After “47 (2)”, insert “or (2a)”.

2.2 Definition of “separated-rate social security pension” (paragraph (b)):

After “33 (2)”, insert “or (2a)”.

2.3 Definition of “single-rate service pension” (paragraph (b)):

Omit the paragraph, substitute:

“(b) subsections 47 (2) and (2a) of that Act do not apply;”.

2.4 Definition of “single-rate social security pension” (paragraph (b)):

Omit the paragraph, substitute:

“(b) subsections 33 (2) and (2a) of that Act do not apply;”.

3. Application

3.1 The amendments made by regulation 2 apply in relation to a year of income ending after 30 June 1989.

 

(S.R. 300/90)—Cat. No. 14/13.11.1990

 

NOTES

1. Notified in the Commonwealth of Australia Gazette on 9 January 1991.

2. Statutory Rules 1936, No. 34 as amended to date. For previous amendments see Note 2 to Statutory Rules 1990 No. 19 and see also Statutory Rules 1990 Nos. 19, 126, 151, 152, 192, 347, 390 and 398.

Printed by Authority by the Commonwealth Government Printer