Taxation Administration Amendment Regulations 2006 (No. 1) (Cth)

Taxation Administration Amendment Regulations 2006 (No. 1)¹

Select Legislative Instrument 2006 No. 156

I, PHILIP MICHAEL JEFFERY, Governor‑General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following Regulations under the Taxation Administration Act 1953.

Dated 22 June 2006

P. M. JEFFERY

Governor‑General

By His Excellency’s Command

PETER DUTTON

Minister for Revenue and Assistant Treasurer

Name of Regulations

These Regulations are the Taxation Administration Amendment Regulations 2006 (No. 1).

Commencement

These Regulations commence on 1 July 2006.

Amendment of Taxation Administration Regulations 1976

Schedule 1 amends the Taxation Administration Regulations 1976.

Schedule 1 Amendments

(regulation 3)

[1] Subregulation 34 (1)

omit

48.5%

insert

46.5%

[2] Subregulation 34 (3)

substitute

(3)The amount to be withheld from the payment is the amount worked out using the formula:

[3] Further amendments

Provision	omit	insert
Paragraph 36 (2) (a)	0.47	0.45
Paragraph 36 (2) (b)	0.485	0.465
Paragraph 37 (2) (a)	47%	45%
Paragraph 37 (2) (b)	48.5%	46.5%
Subregulation 38 (2)	48.5%	46.5%

Note

All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See