Commonwealth Numbered Acts

HIGHER EDUCATION FUNDING AMENDMENT ACT (No. 2) 1990 No. 122 of 1990 - SECT 18

18. Section 68 of the Principal Act is amended:

   (a)  by omitting subparagraph (1) (c) (ii) and substituting the following
        subparagraphs:
  "(ii)   in the case of the year of income ending on 30 June 1990 - 1% of
that taxable income; or

   (iii) in the case of a subsequent year of income - 2% of that taxable
        income; or";

   (b)  by omitting subparagraph (1) (d) (ii) and substituting the following
        subparagraphs:
  "(ii)   in the case of the year of income ending on 30 June 1990 - 2% of
that taxable income; or

   (iii) in the case of a subsequent year of income - 3% of that taxable
        income; or";

   (c)  by omitting subparagraph (1) (e) (ii) and substituting the following
        subparagraphs:
  "(ii)   in the case of the year of income ending on 30 June 1990 - 3% of
that taxable income; or

   (iii) in the case of a subsequent year of income - 4% of that taxable
        income.".