Document ID: chunk:federal_register_of_legislation:C2010C00584:clause:10_29
Version: federal_register_of_legislation:C2010C00584
Segment Type: clause
Provision Reference: sch 10 cl 29
Character Range: 119989–120490

29  Section 159S (definition of tax threshold)
Repeal the definition, substitute:

tax threshold means:
 (a) the lower of the amounts specified in item 1 of the table in Part I of Schedule 7 to the Income Tax Rates Act 1986; or
 (b) if, because of section 20 of the Income Tax Rates Act 1986, that Act applies to the taxpayer as if the reference in the table in Part I of Schedule 7 to that Act to the amount referred to in paragraph (a) were a reference to a different amount—that different amount.