Document ID: chunk:federal_register_of_legislation:C2004A05083:schedule:1
Version: federal_register_of_legislation:C2004A05083
Segment Type: schedule
Provision Reference: sch 1
Character Range: 720–2146

Schedule 1—Amendment of the Income Tax Rates Act 1986  2001

Income Tax Rates Amendment (Family Tax Initiative) Act 1996

No. 64, 1996

An Act to amend the Income Tax Rates Act 1986 for the purposes of a family tax initiative, and for related purposes

[Assented to 27 November 1996]

The Parliament of Australia enacts:

1 Short title

      This Act may be cited as the Income Tax Rates Amendment (Family Tax Initiative) Act 1996.

2 Commencement

      This Act commences on 1 January 1997.

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3 Family tax initiative

      (1) This Act (together with the Family (Tax Initiative) Act 1996) provides for a family tax initiative, consisting of family tax assistance and family tax payment.

      (2) The amendments made by Schedule 1 (together with the amendments made by items 3 to 6 and 10 to 13 of Schedule 1, and Schedule 3, to the Family (Tax Initiative) Act 1996) provide for the family tax assistance.

      (3) The amendments made by items 1, 2, 7, 8 and 9 of Schedule 1, and Schedule 2, to the Family (Tax Initiative) Act 1996 provide for the family tax payment.

4 Schedule(s)

      Each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.