Commonwealth Numbered Acts Commonwealth Numbered Acts
Contents
1 Short title 1
2 Commencement 1
3 Schedule(s) 2
Schedule 1--Exempting from income tax bonus payments made to certain older Australians 3
Income Tax Assessment Act 1997 3
Schedule 2--Abolition of the savings and investment income tax offset 4
Part 1--Amendment of the Income Tax Assessment Act 1997 4
Part 2--Consequential amendments of the Income Tax Assessment Act 1936 6
Schedule 3--Increase in rebates for low income aged persons and certain pensioners 7
Income Tax Regulations 7
A New Tax System (Income Tax Laws Amendment) Act 1999
No. 60, 1999
An Act to implement A New Tax System by amending the law about income tax, and for related purposes
[ Assented to 8 July 1999 ]
The Parliament of Australia enacts: