TAXATION (DEFICIT REDUCTION) ACT (No. 2) 1993No. 55, 1993 - SECT 15 Rebate in respect of amounts assessable under section 26AH

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TAXATION (DEFICIT REDUCTION) ACT (No. 2) 1993No. 55, 1993 - SECT 15

Rebate in respect of amounts assessable under section 26AH

15. (1) Section 160AAB of the Principal Act is amended:
(a) by omitting from subsection (1) the definition of "statutory percentage";
(b) by omitting from subsections (2) to (6) (inclusive) "the statutory
percentage" (wherever occurring) and substituting "39%".

(2) The amendments made by subsection (1) apply to amounts received (within
the meaning of section 26AH of the Principal Act) on or after 1 July 1997.

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