INCOME TAX RATES ACT 1986

PART II - RATES OF INCOME TAX PAYABLE UPON INCOMES OTHER THAN INCOMES OF COMPANIES, PRESCRIBED UNIT TRUSTS, SUPERANNUATION FUNDS AND CERTAIN OTHER TRUSTS  

Division 4 - Pro-rating of the tax-free threshold  

SECTION 18   PART-YEAR RESIDENCY PERIOD  

18(1)   [When part-year residency period arises]  

Subject to subsection (2), the following periods are part-year residency periods in relation to a person in relation to a year of income:


(a) where the person was a resident at the beginning of the first month of the year of income and continued to be a resident until a time during a subsequent month in the year of income when the person ceased to be a resident - the period from the beginning of the year of income until the end of that subsequent month;


(b) where the person commenced to be a resident during a month of the year of income and continued to be a resident until the end of the year of income - the period from the beginning of that month until the end of the year of income;


(c) where the person commenced to be a resident during a month of the year of income and continued to be a resident until a time during a subsequent month of the year of income when the person ceased to be a resident - the period from the beginning of that first-mentioned month until the end of that subsequent month.

18(2)   [Period not part-year residency period]  

A period shall not be taken to be a part-year residency period in relation to a person in relation to a year of income if:


(a) the person is an eligible pensioner in relation to the year of income; or


(b) the period is the whole of the year of income.




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