Commonwealth Numbered Acts

Income Tax (Bearer Debentures) Amendment Act 1983 No. 107 of 1983 - SECT 3

3. Section 6 of the Principal Act is amended-

         (a)  by omitting from paragraph (a) ''per centum'' and substituting
''%''; and

   (b)  by omitting paragraph (b) and substituting the following paragraph:

''(b) in any other case-

        (i)    in relation to an amount of interest paid or credited before 6
               December 1974-38.78619%;

        (ii)   in relation to an amount of interest paid or credited on or
               after 6 December 1974 and before the date of commencement of
               the Income Tax (Bearer Debentures) Amendment Act 1983-55%; or

        (iii)  in relation to an amount of interest paid or credited on or
               after the date of commencement of that Act-60%.''.