Taxation Laws Amendment Act (No. 3) 1994 (138 of 1994)
Part 2 AMENDMENT OF THE INCOME TAX ASSESSMENT ACT 1936
Division 6 Amendments relating to provisional tax
64 Interpretation
Section 221YA of the Principal Act is amended by omitting from subsection (1) the definition of "provisional tax uplift factor" and substituting the following definition:
" 'provisional tax uplift factor':
(a) in relation to the 1994-95 year of income-means 8%; and
(b) in relation to a later year of income-means, until the Parliament otherwise provides, 10%;".
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