Commonwealth Numbered Acts

HEALTH INSURANCE LEVY ACT (No. 2) 1976 No. 97 of 1976 - SECT 13

13. (1) The levy imposed by this Act is levied, and shall be paid, for the
financial year that commenced on 1 July 1976.

(2) Until the Parliament otherwise provides, the levy imposed by this Act is
also levied, and shall be paid, for the financial year commencing on 1 July
1977.

(3) For the purposes of its application in accordance with sub- section (2),
this Act has effect as if-

   (a)  references in section 8 to 1.875 per centum were references to 2.5 per
        centum;

   (b)  references in sections 8 and 9 to $225 were references to $300;

   (c)  the reference in sub-paragraph 8 (4) (a) (i) to 7.5 per centum were a
        reference to 10 per centum; and

   (d)  the reference in paragraph 9 (1) (b) to $112.50 were a reference to
        $150.
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