Document ID: chunk:federal_register_of_legislation:C2004A02159:body:0:p21
Version: federal_register_of_legislation:C2004A02159
Segment Type: other
Provision Reference: 
Character Range: 47761–50368

of the Income Tax (Rates) Act 1976 to $ 1,260 were a reference to $ 1,493;
          (vii) the taxpayer were not entitled to any rebate or credit in his assessment other than any rebate under section 156 of the Income Tax Assessment Act 1936 to which the taxpayer would have been entitled if the conditions set out in the preceding sub-paragraphs of this paragraph were applicable for the purposes of making that assessment; and
          (viii) the reference in sub-section 6e(7) of the Income Tax (Rates) Act 1976 and in sub-section 7(3) of the Income Tax (Companies and Superannuation Funds) Act 1978 to 61.5% were a reference to 64.07%,
       the sum of the rebates and credits (other than a rebate under section 156 of the Income Tax Assessment Act 1936) to which the taxpayer was entitled in his assessment in respect of income of the year of income next preceding the relevant year of income; and

     (b) if paragraph 221yc(1)(b) of the Income Tax Assessment Act 1936 applies to the taxpayer—the amount of provisional tax payable by him in respect of income of the relevant year of income by virtue of that paragraph is the amount ascertained by deducting from the amount of income tax (other than health insurance levy) that would have been assessed in respect of the taxable income of the taxpayer of the year of income next preceding the relevant year of income if—
          (i) the taxable income of the taxpayer of the year of income next preceding the relevant year of income had been equal to—
            (a) in a case where paragraph 221yc(1)(a) of the Income Tax Assessment Act 1936 would apply to the taxpayer in relation to the relevant year of income but for sub-section 221ya(5) of that Act— the amount that would have been the taxable income of the taxpayer of the year of income next preceding the relevant year of income if Subdivision BA of Division 3 of Part III of the Income Tax Assessment Act 1936 and Division 16c of that Part were not applicable in relation to the year of income next preceding the relevant year of income; and
            (b) in any other case—the amount that the Commissioner estimates would have been the amount of the provisional income of the taxpayer of the relevant year of income if Subdivision BA of Division 3 of Part III of the Income Tax Assessment Act 1936 and Division 16c of that Part were not applicable in relation to the year of income next preceding the relevant year of income;
          (ii) each reference in column 2 of Schedule 9 to the Income Tax (Rates) Act 1976 to 33.5% were a reference to 36.07%;
          (iii) the reference