Taxation Laws Amendment Act (No. 1) 1995 (120 of 1995)

Schedule 1   VARIOUS AMENDMENTS OF THE INCOME TAX ASSESSMENT ACT 1936

Part 10   PAYMENT OF INSTALMENTS BY COMPANIES ETC.

82   After subsection 221AZN(3)

Insert:

"(3A) The regulations may vary, for the purposes of this section, the previous year's tax amount and the earlier year's tax amount of taxpayers in a class of instalment taxpayers for specified years of income to take account of a change in the rates of income tax payable by that class.".