Commonwealth Numbered Acts

INCOME TAX AMENDMENT ACT 1989 No. 100 of 1989 - SECT 3

3. Section 5 of the Principal Act is amended by adding at the end the
following subsection:

"(4) If this Act, insofar as it imposes tax upon the taxable income of an
eligible entity within the meaning of Part IX of the Assessment Act, would,
apart from this subsection, deal with 2 subjects of taxation (within the
meaning of section 55 of the Constitution), namely:

   (a)  the taxation of so much of the taxable income as is attributable to
        taxable contributions within the meaning of Part IX of the Assessment
        Act; and

   (b)  the taxation of the remainder of the taxable income; this Act imposes
        tax in respect of only that subject of taxation mentioned in paragraph
        (b).".