3Imposition of pay‑roll tax

3 Imposition of pay‑roll tax

(1) Tax payable in accordance with the Pay‑roll Tax (Territories) Assessment Act 1971‑1972 in respect of any wages is imposed by this Act: (a) in the case of wages that became payable before 1 September 1973—at the rate of 21/2 per centum of the wages; (b) in the case of wages that became payable on or after 1 September 1973 and before 1 July 1974—at the rate of 31/2 per centum of the wages; (c) in the case of wages that become payable on or after 1 July 1974 and before 1 December 1974—at the rate of 41/2 per centum of the wages; and (d) in the case of wages that become payable on or after 1 December 1974 and before the termination day—at the rate of 5 per centum of the wages. (2) For the purposes of this Act, wages paid before the day on which they would otherwise have become payable shall be deemed to have become payable on that day.