Social Services Contribution Regulations (Amendment) (Cth)

STATUTORY RULES.

1949. No. 47.

 

REGULATION UNDER THE SOCIAL SERVICES CONTRIBUTION ASSESSMENT ACT 1945-1948.*

I, THE DEPUTY OF THE GOVERNOR-GENERAL in and over the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Regulation under the Social Services Contribution Assessment Act 1945-1948.

Dated this fourth day of August, 1949.

J. NORTHCOTT

Deputy of the Governor-General.

By His Excellency’s Command,

J. B. CHIFLEY

Treasurer.

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Amendment of the Social Services Contribution Regulations.

After regulation 8 of the Social Services Contribution Regulations the following regulation is inserted :—

Provisional contribution for year of income 1949-1950.

“ 9.—(1.) For the purpose of ascertaining the amount of provisional contribution payable, by a contributor to whom this regulation applies, in accordance with section 18 of the Social Services Contribution Assessment Act 1945-1948 insofar as it applies the provisions of section 221yc of the Income Tax Assessment Act 1936-1948, in respect of the income of the year of income ending on the thirtieth day of June, 1950, the references in sub-section (1.) of that last-mentioned section, as so applied, to the social services contribution assessed in respect of the income of the year next preceding that year of income shall be read as references to the contribution so assessed, reduced—

(a) in the case of a contributor specified in paragraph (a) of the next succeeding sub-regulation—by one-third of that contribution ; or

(b) in the case of a contributor specified in paragraph (b)of the next succeeding sub-regulation—by the amount by which one-third of that contribution exceeds the income tax assessed in respect of his income of that next preceding year of income,

and the provisional contribution payable apart from this regulation shall be decreased accordingly.

 

* Notified in the Commonwealth Gazette on 5th August, 1949.

  Statutory Rules 1945, No. 191, as amended by Statutory Rules 1946, No 134; 1947, Nos. 78 and 172; and 1948, No. 164.

2713.—Price 3d.

(2.) This regulation shall apply to—

(a)a contributor in respect of whose income of the year of income which ended on the thirtieth day of June, 1949, income tax is not assessed ; or

(b) a contributor in respect of whose income of that year of income income tax is assessed, if the amount soassessed is less than one-third of the social services contribution assessed in respect of that year of income.”.

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By Authority: L. F.