SCHEDULES
SCHEDULE 6Deduction of income tax at source
PART 3Amendments of or relating to Chapter 2 of Part 15 of ITA 2007
Amendments of Chapter 2 of Part 15 of ITA 2007
5
1
Section 850 (overview of Chapter) is amended as follows.
2
For subsection (1) substitute—
1
This Chapter has effect for the purposes of section 876 (duty under section 874 to deduct tax from payments of yearly interest: exception for deposit-takers).
3
Omit subsection (2) (which introduces sections 851 and 852).
4
In subsection (4)(b) (which introduces sections 858 to 870), for “858” substitute “
863
”
.
5
In subsection (5) (which introduces sections 871 to 873), for “871 to” substitute “
872 and
”
.
6
In subsection (6) (interpretation), for the words from “Chapter—” to “crediting” substitute “
Chapter, crediting
”
.