CTHRepealedLegislation
Income Tax Assessment (1936 Act) Regulation 2015
10Entitlement to rebate
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10 Entitlement to rebate
(1) For subsection 160AAAA(3) or 160AAAB(3) of the Act, the amount is ascertained in accordance with the following formula: Start formula start fraction Base rebate amount for the rebate over 0.125 end fraction plus Rebate threshold for the rebate end formula Rounding (2) The amount worked out under subsection (1) must be rounded up to the nearest whole dollar, if the amount is not an amount of whole dollars.