Taxation Laws Amendment Act (No. 3) 1999 (11 of 1999)
Schedule 1 Running balance accounts, general interest charge and related matters
Part 1 Amendments
Income Tax Assessment Act 1936
155 Subsection 221YAB(1) (definition of PAYE deductions)
Repeal the definition, substitute:
PAYE deductions means the sum of amounts applied, in respect of credits under section 221H, in respect of deductions from the salary or wages paid to the taxpayer during the preceding year of income.
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