Commonwealth Numbered Acts

INCOME TAX RATES AMENDMENT ACT 1987 No. 60 of 1987 - SECT 9

9. After section 27 of the Principal Act the following section is inserted:
Rate of tax payable by trustee to whom subsection 98 (3) of Assessment Act
applies

"28. The rate of tax payable by a trustee of a trust estate in respect of a
share of the net income of the trust estate in respect of which the trustee is
liable to be assessed and to pay tax under subsection 98 (3) of the Assessment
Act is 49%.".