INCOME TAX RATES AMENDMENT ACT 1987 No. 60 of 1987 - SECT 7 Rates of tax payable by trustees of superannuation funds

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INCOME TAX RATES AMENDMENT ACT 1987 No. 60 of 1987 - SECT 7

Rates of tax payable by trustees of superannuation funds

7. Section 26 of the Principal Act is amended:

   (a)  by omitting from subsection (1) "50%" and substituting "49%";

   (b)  by omitting from subsection (2) "24.42%" and substituting "24%";

   (c)  by omitting from subsection (3) "57.08%" and substituting "49%"; and

   (d)  by omitting from subsection (4) "44.25%" and substituting "40%".

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