INCOME TAX (DIVIDENDS AND INTEREST WITHHOLDING TAX) AMENDMENT ACT 1992 NO. 199, 1992 

INCOME TAX (DIVIDENDS AND INTEREST WITHHOLDING TAX) AMENDMENT ACT 1992 NO. 199, 1992 
- TABLE OF PROVISIONS

1. Short title etc.  
2. Commencement  
3. Long title  
4. Short title  
5.  
6. Rates of tax  

INCOME TAX (DIVIDENDS AND INTEREST WITHHOLDING TAX) AMENDMENT ACT 1992 No. 199
of 1992 - LONG TITLE

         An Act to amend the Income Tax (Dividends and Interest
                       Withholding Tax) Act 1974.

INCOME TAX (DIVIDENDS AND INTEREST WITHHOLDING TAX) AMENDMENT ACT 1992 No. 199
of 1992
- SECT 1
Short title etc.

                                        (Assented to 21 December 1992)
  1.(1) This Act may be cited as the Income Tax (Dividends and Interest
Withholding Tax) Amendment Act 1992.
  (2) In this Act, "Principal Act" means the Income Tax (Dividends and
Interest Withholding Tax) Act 1974.*1*
(Minister's second reading speech made in-
          House of Representatives on 15 October 1992
          Senate on 26 November 1992)
*1* No. 27, 1974.

INCOME TAX (DIVIDENDS AND INTEREST WITHHOLDING TAX) AMENDMENT ACT 1992 No. 199
of 1992
- SECT 2
Commencement

  2. This Act commences, or is taken to have commenced, as the case requires,
on the commencement of subsection 128B(5A) of the Income Tax Assessment Act
1936.

INCOME TAX (DIVIDENDS AND INTEREST WITHHOLDING TAX) AMENDMENT ACT 1992 No. 199
of 1992
- SECT 3
Long title

  3. The long title to the Principal Act is amended by omitting "and Interest"
and substituting ", Interest and Royalties".

INCOME TAX (DIVIDENDS AND INTEREST WITHHOLDING TAX) AMENDMENT ACT 1992 No. 199
of 1992
- SECT 4
Short title

  4. Section 1 of the Principal Act is amended by omitting "and Interest" and
substituting ", Interest and Royalties".

INCOME TAX (DIVIDENDS AND INTEREST WITHHOLDING TAX) AMENDMENT ACT 1992 No. 199
of 1992
- SECT 5

  5. Section 6 of the Principal Act is repealed and the following section is
substituted:
Imposition of tax
  "6. The tax known as income tax, to the extent that that tax is payable in
accordance with section 128B of the Assessment Act, is imposed on income to
which that section applies.".

INCOME TAX (DIVIDENDS AND INTEREST WITHHOLDING TAX) AMENDMENT ACT 1992 No. 199
of 1992
- SECT 6
Rates of tax

  6. Section 7 of the Principal Act is amended:
  (a)  by omitting "per centum" (wherever occurring) and substituting "%";
  (b)  by adding at the end the following word and paragraph:
  "; and (c) in respect of income to which subsection (5A) of that section
applies - 30%.".