House of Representatives

Resolution to Declare the Rates of Income Tax and Social Services Contribution for the Financial Year 1950-1951

Resolution to Declare the Rates of Income Tax and Social Services Contribution for the Financial Year 1950-1951

The Income Tax and Social Services Contribution Assessment Bill 1950

The Income Tax and Social Services Contribution Assessment Act 1950

MEMORANDUM SETTING OUT THE PROPOSED RATES OF INCOME TAX AND SOCIAL SERVICES CONTRIBUTION FOR THE FINANCIAL YEAR 1950-1951 AND The Clauses of the Income Tax and Social Services Contribution Assessment Bill 1950, TOGETHER WITH NOTES EXPLANATORY OF THE PARAGRAPHS OF THE RESOLUTION AND THE CLAUSES OF THE BILL

Explanatory Memorandum

(Circulated by the Treasurer, the Rt. Hon. A. W. Fadden.)

Ed. Note

The original document included both the explanatory notes and the text of the related legislation. In the electronic copy, only the explanatory notes and headings of the related legislation have been retained.

THE SCHEDULES.

FIRST SCHEDULE.

As explained in the note to Clause 34, this schedule specifies the legislation relating to social services contribution which is being repealed.

SECOND SCHEDULE.

This schedule sets out the provisions in the Principal Act which are being deleted in consequence of the repeal of the social services contribution legislation-vide explanatory note on Clause 34.


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