Infrastructure Certificate Cancellation Tax Act 1994
No. 160, 1994
An Act to impose a tax in respect of the cancellation of infrastructure borrowing certificates
Contents
1 Short title
2 Commencement
3 Imposition of tax
4 Amount of tax
Infrastructure Certificate Cancellation Tax Act 1994
No. 160, 1994
An Act to impose a tax in respect of the cancellation of infrastructure borrowing certificates
[Assented to 16 December 1994]
The Parliament of Australia enacts:
1 Short title
This Act may be cited as the Infrastructure Certificate Cancellation Tax Act 1994.
2 Commencement
This Act commences on the day on which it receives the Royal Assent.
3 Imposition of tax
Tax is imposed on an infrastructure certificate cancellation amount within the meaning of section 159GZZZZH of the Income Tax Assessment Act 1936.
4 Amount of tax
The amount of the tax imposed by this Act is equal to the infrastructure certificate cancellation amount.