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INCOME TAX ASSESSMENT ACT 1936 - SECT 139FM

Table 1 and instructions

Table 1

             (1)  The following is Table 1:

 

Calculation percentage

Exercise

 

 

 

 

 

 

 

 

period (months)

50% to 60%

60% to 70%

70% to 75%

75% to 80%

80% to 85%

85% to 90%

90% to 92.5%

92.5% to 95%

108 to 120

0.6%

2.1%

4.8%

6.7%

8.9%

11.4%

14.1%

15.5%

96 to 108

0.4%

1.5%

4.0%

5.8%

7.9%

10.3%

13.0%

14.5%

84 to 96

0.2%

1.1%

3.2%

4.8%

6.8%

9.2%

11.8%

13.3%

72 to 84

0.1%

0.7%

2.4%

3.8%

5.6%

7.9%

10.5%

11.9%

60 to 72

0.0%

0.4%

1.6%

2.8%

4.4%

6.5%

9.0%

10.4%

48 to 60

0.0%

0.1%

0.9%

1.8%

3.1%

4.9%

7.3%

8.6%

36 to 48

0.0%

0.0%

0.4%

0.9%

1.9%

3.3%

5.4%

6.6%

24 to 36

0.0%

0.0%

0.1%

0.3%

0.8%

1.8%

3.4%

4.4%

18 to 24

0.0%

0.0%

0.0%

0.1%

0.4%

1.0%

2.3%

3.2%

12 to 18

0.0%

0.0%

0.0%

0.0%

0.1%

0.4%

1.3%

2.0%

9 to 12

0.0%

0.0%

0.0%

0.0%

0.0%

0.2%

0.8%

1.3%

6 to 9

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.3%

0.7%

3 to 6

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.2%

0 to 3

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

 

 

Calculation percentage

Exercise
period (months)


95% to 97.5%


97.5% to 100%


100% to 102.5%


102.5% to 105%


105% to 107.5%


107.5% to 110%

108 to 120

16.9%

18.4%

20.0%

21.5%

23.1%

24.7%

96 to 108

15.9%

17.5%

19.0%

20.6%

22.2%

23.9%

84 to 96

14.8%

16.3%

17.9%

19.5%

21.2%

22.9%

72 to 84

13.4%

15.0%

16.6%

18.2%

19.9%

21.7%

60 to 72

11.8%

13.4%

15.0%

16.7%

18.5%

20.3%

48 to 60

10.1%

11.6%

13.2%

14.9%

16.7%

18.6%

36 to 48

8.0%

9.5%

11.1%

12.9%

14.7%

16.5%

24 to 36

5.7%

7.1%

8.7%

10.4%

12.2%

14.1%

18 to 24

4.4%

5.7%

7.2%

8.9%

10.8%

12.7%

12 to 18

2.9%

4.1%

5.6%

7.3%

9.1%

11.2%

9 to 12

2.2%

3.3%

4.7%

6.3%

8.2%

10.3%

6 to 9

1.4%

2.3%

3.6%

5.3%

7.2%

9.4%

3 to 6

0.5%

1.2%

2.4%

4.1%

6.1%

8.4%

0 to 3

0.1%

0.4%

1.3%

3.0%

5.3%

7.8%

 

Instructions for using Table 1

             (2)  From Table 1, select the percentage (the Table 1 percentage ) that corresponds to:

                     (a)  the period, in months, from the particular day until the last day on which the right may be exercised (the exercise period ); and

                     (b)  the calculation percentage;

and then multiply the amount, or lowest amount, that must be paid to exercise the right by the Table 1 percentage. The result is the market value of the right .



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