INCOME TAX REGULATIONS (AMENDMENT) 1989 NO. 67 INCOME TAX REGULATIONS (AMENDMENT) 1989 NO. 67 - TABLE OF PROVISIONS 1. Commencement 2. Principal Regulations 3. 4. Further amendments SCHEDULE 1989 No. 67 INCOME TAX REGULATIONS (AMENDMENT) - REG 1 Commencement 1. These Regulations commence on 1 May 1989. 1989 No. 67 INCOME TAX REGULATIONS (AMENDMENT) - REG 2 Principal Regulations 2. In these Regulations, "Principal Regulations" means the Income Tax Regulations. 1989 No. 67 INCOME TAX REGULATIONS (AMENDMENT) - REG 3 3. The Principal Regulations are amended by inserting after regulation 54DAAB the following regulation: Rate of deductions where eligible lump sum is included "54DAAC. Where any salary or wages that an employee (other than an employee to whom regulation 54DAAB applies) receives or is entitled to receive in a week consists of or includes an amount that is an eligible lump sum for the purposes of Subdivision AB of Division 17 of Part III of the Act, the prescribed rate of deductions to be made for the purposes of section 221C of the Act by the employer from payments of that amount or from the sum of those amounts is the amount (being a multiple of 5 cents) that is, or is nearest to, the amount ascertained by multiplying 25.25 cents by the number equal to the number of whole dollars in the first-mentioned amount or the sum of those amounts.". 1989 No. 67 INCOME TAX REGULATIONS (AMENDMENT) - REG 4 Further amendments 4. The Principal Regulations are further amended as set out in the Schedule. 1989 No. 67 INCOME TAX REGULATIONS (AMENDMENT) - SCHEDULE SCHEDULE Regulation 4 FURTHER AMENDMENTS OF THE INCOME TAX REGULATIONS The following provisions of the Income Tax Regulations are amended by inserting "or regulation 54DAAC" after "paragraph 54DAAA (a), (b) or (c)" (wherever occurring): Subregulation 54A (1) (definition of "general exemption"), paragraph 54A (1A) (b), subregulations 54B (1) and 54BA (1), regulations 54C, 54CA, 54D, 54DA and 54DAA, subregulation 54DAC (1), subparagraph 54DAJ (a) (i) and subregulation 54DAK (1). - NOTES 1989 No. 67*1* INCOME TAX REGULATIONS*2* (AMENDMENT) *1* Notified in the Commonwealth of Australia Gazette on 28 April 1989. *2* Statutory Rules 1936 No. 94 as amended by 1939 Nos. 6 and 42; 1940 Nos. 138 and 289; 1941 Nos. 120 and 327; 1942 Nos. 339 and 553; 1943 Nos. 80, 127 and 151; 1944 Nos. 90 and 124; 1945 Nos. 12, 85, 169 and 192; 1946 No. 135; 1947 Nos. 77 and 173; 1948 Nos. 115 and 162; 1949 Nos. 25 and 50; 1950 Nos. 63 and 101; 1951 Nos. 136 and 157; 1952 Nos. 89, 90 and 102; 1953 Nos. 55 and 88; 1954 Nos. 11, 99 and 112; 1955 No. 23; 1956 Nos. 34, 35 and 96; 1957 Nos. 39 and 74; 1958 Nos. 27 and 70; 1959 Nos. 25 and 81; 1960 Nos. 44 and 74; 1962 Nos. 15, 44 and 112; 1963 Nos. 53 and 92; 1964 Nos. 74, 121 and 134; 1965 Nos. 133 and 187; 1966 No. 156; 1967 Nos. 112 and 126; 1968 No. 1; 1969 No. 68; 1970 Nos. 43, 126, 168 and 213; 1971 Nos. 120 and 148; 1972 Nos. 48, 50 and 137; 1973 No. 266; 1974 Nos. 193, 226 and 267; 1975 Nos. 88, 89, 99, 101 and 213; 1976 Nos. 115, 188 and 212; 1977 Nos. 77, 107 and 248; 1978 Nos. 85 and 193; 1979 Nos. 126 and 239; 1980 Nos. 86, 137 and 149; 1981 Nos. 116 and 360; 1982 Nos. 115, 128, 267 and 280; 1983 Nos. 79, 87, 111, 213 and 319; 1984 Nos. 172, 286, 408 and 416; 1985 Nos. 21, 148, 274 and 278; 1986 No. 325 and Act Nos. 28, 49 and 112, 1986; 1987 Nos. 92 and 120; 1988 Nos. 196, 208, 262, 381, 382, 383 and 384 and Act No. 97, 1988.