Commonwealth Numbered Acts

HEALTH INSURANCE LEVY ACT 1977 No. 132 of 1977 - SECT 12

12. (1) Where the taxable income of a person (other than a person in the
capacity of a trustee) is less than $3,402, the person is entitled to a rebate
of levy, in his assessment in respect of income of the year of income, of an
amount equal to 27 per centum of the amount by which $3,402 exceeds the amount
of that taxable income.

(2) Where a trustee is liable to be assessed and to pay tax in pursuance of
section 98 of the Assessment Act in respect of a share of the net income of a
trust estate and the amount of that share is less than $3,402, the trustee is
entitled to a rebate of levy, in his assessment in respect of that share of
the net income, of an amount equal to 27 per centum of the amount by which
$3,402 exceeds the amount of that share.