STATUTORY RULES
1965 No. 187
REGULATIONS UNDER THE INCOME TAX ASSESSMENT ACT 1936-1965.*
I, THE GOVERNOR-GENERAL in and over the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Regulations under the Income Tax Assessment Act 1936-1965.
Dated this fourteenth day of December, 1965.
Governor-General.
By His Excellency’s Command,
Treasurer.
AMENDMENTS OF THE INCOME TAX AND SOCIAL SERVICES CONTRIBUTION REGULATIONS†
Short title.
1. Regulation 1 of the Income Tax and Social Services Contribution Regulations is amended by omitting the words “and Social Services Contribution”.
Parts.
2. Regulation 2 of the Income Tax and Social Services Contribution Regulations is amended—
(a) by omitting the words—
“Division 2.—Collection of Income Tax and Social Services Contribution by Instalments—”
and inserting in their stead the words—
“Division 2.—Collection of Income Tax by Instalments—”; and
(b) by omitting the words—
“Division 3.—Provisional Tax and Contribution (Regulation 54ZE).”
and inserting in their stead the words—
“Division 3.—Provisional Tax (Regulation 54ZE).”.
* Notified in the Commonwealth Gazette on 14th December, 1964.
† Statutory Rules 1936, No. 94, as amended to date. For previous amendments of the Income Tax and Social Services Contribution Regulation, see footnote † to Statutory Rules 1965, No. 133, and see also Statutory Rules 1965, Nos. 133.
15216/65.—Price 9d (8c). 9/3.12.1965
3. After regulation 4ac of the Income Tax and Social Services Contribution Regulations the following regulation is inserted:—
Special areas for purposes of section 23ac.
“4ad.—(1.) By reason of a state of disturbance in or affecting Borneo, the area specified in the Fourth Schedule to these Regulations, being an area outside Australia, shall be deemed to have become, on the first day of July, 1965, a special area for the purposes of section 23ac of the Act.
“(2.) By reason of a state of disturbance in or affecting Vietnam (Southern Zone), the territory of Vietnam (Southern Zone), being an area outside Australia, shall be deemed to have become, on the first day of July, 1965, a special area for the purposes of section 23ac of the Act.”.
Heading to Division 2 of Part VI.
4. The heading to Division 2 of Part VI. of the Income Tax and Social Services Contribution Regulations is amended by omitting the words “and Social Services Contribution”.
5. Division 3 of Part VI. of the Income Tax and Social Services Contribution Regulations is repealed and the following Division inserted in its stead:—
“Division 3.—Provisional Tax.
Provisional tax for year of income 1965-1966.
“54ze. For the purposes of sub-section (2.) of section 221yc of the Act, the manner in which the provisional tax otherwise payable by a taxpayer in respect of the income of the year of income ending on the thirtieth day of June, 1966, shall be increased is by increasing that provisional tax to an amount equal to the amount of provisional tax that would be payable—
(a) in a case where the provisional income of the taxpayer in respect of that year of income is equal to his taxable income for the year next preceding that year of income—if the amount of income tax assessed in respect of the taxable income of that next preceding year were increased by an amount equal to two and one-half per centum of the amount of that income tax; or
(b) in any other case—if the amount of income tax that would have been payable in respect of the taxable income of that next preceding year if the taxable income had been equal to the provisional income were increased by an amount equal to two and one-half per centum of the amount of that income tax.”.
Form 4.
6. Form 4 in the First Schedule to the Income Tax and Social Services Contribution Regulations is amended by omitting the words—
“Income Tax and Social Services Contribution Assessment Act 1936-19 .”
and inserting in their stead the words—
“Income Tax Assessment Act 1936-19 .”.
Form 10.
7. Form 10 in the First Schedule to the Income Tax and Social Services Contribution Regulations is amended by omitting the words “Income Tax and Social Services Contribution Assessment Act 1936-19 ,” and inserting in their stead the words “Income Tax Assessment Act 1936-19 ,”.
Fourth Schedule.
8. The Income Tax and Social Services Contribution Regulations are amended by adding at the end thereof the following Schedule:—
“FOURTH SCHEDULE
Regulation 4ad.
“Area Relating to Borneo
“All that area of land and waters (other than islands and waters forming part of the territory of the Republic of the Philippines) bounded by a line commencing at the intersection of the northern shore of Borneo at high-water mark with the boundary between Kalimantan and Sarawak; thence proceeding generally south-easterly, easterly and northerly along that boundary to its junction with the boundary between Kalimantan and Sabah; thence proceeding generally easterly along that boundary to its intersection with the eastern shore of Borneo at high-water mark; thence proceeding in a straight line easterly to the intersection of the western shore of the island of Sebatik at high-water mark with the boundary between that part of that island that forms part of Sabah and that part of that island that forms part of Kalimantan; thence proceeding generally easterly along that boundary to its intersection with the eastern shore of the island of Sebatik at high-water mark; thence proceeding in a straight line easterly to a point 50 miles east (true) of the intersection of the eastern shore of Borneo at high-water mark with the boundary between Kalimantan and Sabah; thence proceeding generally northerly and south-westerly parallel to and at a distance of 50 miles from the eastern and northern shores, respectively, of Borneo at high-water mark to a point 50 miles north (true) of the point of commencement; thence proceeding in a straight line southerly to the point of commencement.”.
By Authority: A. J. Arthur, Commonwealth Government Printer, Canberra