Commonwealth Consolidated Acts

TAXATION (TRUSTEE BENEFICIARY NON-DISCLOSURE TAX) ACT (NO. 1) 2007 - SECT 5

  (1)   This section applies to the temporary budget repair levy years.

  (2)   Increase the rate of tax mentioned in section   4 by 2 percentage points.

  (3)   In this section:

"temporary budget repair levy year" means a year of income corresponding to a temporary budget repair levy year (within the meaning of section   4 - 11 of the Income Tax (Transitional Provisions) Act 1997 ).