Statutory Rules 1989  No. 358¹

Income Tax Regulations² (Amendment)

I, THE GOVERNOR-GENERAL of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Regulations under the Income Tax Assessment Act 1936.

Dated 29 November 1989.

BILL HAYDEN

Governor-General

By His Excellency's Command,

Paul Keating

Treasurer

Commencement

1. Regulations 4, 5 and 6 commence on 1 January 1990.

Principal Regulations

2. In these Regulations, "Principal Regulations" means the Income Tax Regulations.

Statutory Rules 1989 No. 115—omission of subregulation 9 (2)

3. Regulation 9 of Statutory Rules 1989 No. 115 is amended by omitting subregulation (2).

Rate of deductions—employee claiming general exemption only and employee, not being a prescribed person, claiming general exemption and Medicare levy variation

4. Regulation 54b of the Principal Regulations is amended:

(a) by omitting from subparagraph (1) (d) (ii) "$180" and substituting "$195";

(b) by omitting from paragraph (2) (a) "$192" and "180.73" and substituting "$208" and "195.29" respectively;

(c) by omitting from paragraph (2) (b) "$192" and substituting "$208".

(S.R. 360/89)—Cat No.                                                                                            14/14.11.1989

Rate of deductions—employee, being a prescribed person, claiming general exemption and Medicare levy variation

5. Regulation 54ba of the Principal Regulations is amended:

(a) by omitting from paragraph (1) (e) "$304" and substituting "$329";

(b) by omitting from paragraph (2) (a) "$324" and "304.56" and substituting "$350" and "328.94" respectively;

(c) by omitting from paragraph (2) (b) "$324" and substituting "$350".

Third Schedule

6. The Third Schedule to the Principal Regulations is repealed and the following Schedule substituted:

THIRD SCHEDULE                                Regulation 54ab

TABLES TO BE USED IN CALCULATION OF INCOME TAX INSTALMENT AMOUNTS IN RELATION TO EMPLOYEES

TABLE 1 RELATING TO EMPLOYEE TO WHOM PARAGRAPH 54b (1) (c) APPLIES

TABLE 2—RELATING TO EMPLOYEE TO WHOM PARAGRAPH 54ba (1) (c)

APPLIES

THIRD SCHEDULE—continued

TABLE 3--RELATING TO EMPLOYEE TO WHOM PARAGRAPH 54ba (1) (d) APPLIES

TABLE 4—RELATING TO EMPLOYEE TO WHOM REGULATION 54d APPLIES

TABLE 5—RELATING TO EMPLOYEE TO WHOM REGULATION 54da APPLIES

NOTES

1. Notified in the Commonwealth of Australia Gazette on 7 December 1989.

2. Statutory Rules 1936 No. 94 as amended to date. For previous amendments see Note 2 to Statutory Rules 1989 No. 67 and see also Statutory Rules 1989 Nos. 67, 80, 115, 123, 124, 141 and 250.

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