Document ID: chunk:federal_register_of_legislation:C2004A01197:clause:1_17
Version: federal_register_of_legislation:C2004A01197
Segment Type: clause
Provision Reference: sch 1 cl 17
Character Range: 5740–6318

17  Before subsection 5(1)
Insert:

 (1AA) In this section:

higher income amount means:
 (a) for the 2003‑2004 financial year—$114,981; and
 (b) for each later financial year—that amount as indexed under section 6.

lower income amount means:
 (a) for the 2003‑2004 financial year—$94,691; and
 (b) for each later financial year—that amount as indexed under section 6.

maximum surcharge percentage means:
 (a) for the 2003‑2004 financial year—14.5%; and
 (b) for the 2004‑2005 financial year—13.5%; and
 (c) for the 2005‑2006 financial year and later financial years—12.5%.