Commonwealth Numbered Regulations

INCOME TAX AMENDMENT REGULATIONS 2001 (NO. 1) 2001 NO. 81 - SCHEDULE 1

(regulation 3)

[1] Paragraph 150AB (2A) (a)

omit

$250

insert

$415

[2] After paragraph 150AB (2A) (a)

insert

(aa)

by $331, if for at least one day during that income year he or she was treated as being entitled to an illness-separated-rate social security pension; or

[3] Paragraph 150AB (2A) (b)

omit

$175

insert

$304

[4] Paragraph 151 (3A) (a)

omit

$250

insert

$415

[5] After paragraph 151 (3A) (a)

insert

(aa)

by $331 if the taxpayer has received an illness-separated-rate pension; or

[6] Paragraph 151 (3A) (b)

omit

$175

insert

$304