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TAXATION LAWS AMENDMENT ACT (No. 4) 1987 No. 138 of 1987 - SECT 59
Rates of tax payable by trustees of approved deposit funds
59. Section 27 of the Principal Act is amended by adding at the end the
following subsection:
"(2) The rate of tax payable by a trustee of an approved deposit fund in
respect of the taxable income of the fund in respect of which the trustee is
liable, under section 121DAAA of the Assessment Act, to be assessed and pay
tax is 49%.".
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