Document ID: chunk:federal_register_of_legislation:C2010C00615:clause:2_23b:p2
Version: federal_register_of_legislation:C2010C00615
Segment Type: clause
Provision Reference: sch 2 cl 23B (pt 2/2)
Character Range: 210665–212238

income and ending at the end of 30 June 2000 are as follows:
 (a) the part of the CS/RA component equal to the amount that would be the CS/RA component if that period were a year of income—15%;
 (b) the part of the AD/RLA component equal to the amount that would be the AD/RLA component if that period were a year of income—39%;
 (c) the part of the RSA component of the general fund component equal to the amount that would be that RSA component if that period were a year of income—15%;
 (d) the part of the standard component of the general fund component equal to the amount that would be that standard component if that period were a year of income:
 (i) if the company is a mutual life assurance company (within the meaning of section 110 of the Assessment Act as in force immediately before 1 July 2000) at the end of the period—39%; or
 (ii) in any other case—36%;
 (e) the part of the NCS component equal to the amount that would be the NCS component if that period were a year of income—47%.

 (5) If the 2000‑01 year of income of a life insurance company starts after 1 July 2000, the rates of tax in respect of parts of the company's taxable income for the period starting on 1 July 2000 and ending at the end of the company's 1999‑2000 year of income are as follows:
 (a) the part of the ordinary class equal to the amount that would be the ordinary class if that period were a year of income—36%;
 (b) the part of the complying superannuation class equal to the amount that would be the complying superannuation class if that period were a year of income—15%.