Local Government (Personal Income Tax Sharing)
Amendment Act 1979
No. 127 of 1979
An Act to amend the Local Government (Personal
Income Tax Sharing) Act 1976.
BE IT ENACTED by the Queen, and the Senate and
House of Representatives of the Commonwealth of Australia, as follows:
Short
title, &c.
1. (1) This Act may be cited as the Local Government (Personal Income Tax Sharing)
Amendment Act 1979.
(2)
The Local Government (Personal Income Tax Sharing) Act 1976 is in this Act referred to as the
Principal Act.
Commencement
2. This Act shall come into operation on the day
on which it receives the Royal Assent.
Interpretation
3. (1) Section 3 of the Principal Act is amended
by omitting “1.52 per centum” from the definition of “base figure” and
substituting “1.75%”.
(2)
The amendment of section 3 of the Principal Act made by sub-section (1) applies
in relation to the year commencing on 1 July 1979 and subsequent years.
Review
of Act
4. Section 12 of the Principal Act is amended by
omitting sub-section (2) and substituting the following sub-section:
“(2)
The Minister may, from time to time, arrange for the question whether any
change is desirable in the table set out in sub-section 5 (2) to be referred to
the Commonwealth Grants Commission for inquiry and report by the Commission.”.