§ 2."That
- (a) income tax for year 1931–32 shall be charged at the standard rate of four shillings and sixpence in the pound, and in the case of an individual whose total income from all sources exceeds two thou sand pounds, at such higher rates in respect of the excess over two thousand pounds as Parliament may hereafter determine;
- (b) all such enactments as had effect with respect to the income tax charged for the year 1930–31 shall (subject to such of the provisions contained in the Finance Act, 1930, with respect to income tax as did not take effect with respect to the income tax charged for the year 1930–31) have effect with respect to the income tax charged for the year 1931–32.
§ And it 16 hereby declared that it is expedient in the public interest that this Resolution shall have statutory effect under the provisions of the Provisional Collection of Taxes Act, 1913."