Monetary Threshold Increase raises applicable tax limit by legislative amendment, altering eligibility and assessment threshold. Substitution in sub-section (3) increases the statutory monetary limit applied under section 255 by replacing the prior monetary threshold with a higher ... Summary
Monetary Threshold Increase raises applicable tax limit by legislative amendment, altering eligibility and assessment threshold.
Substitution in sub-section (3) increases the statutory monetary limit applied under section 255 by replacing the prior monetary threshold with a higher one, effected by legislative amendment and operating from the specified commencement date.
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