§ 18. "That—
- (a) Income Tax for the year 1933–34 shall be charged at the standard rate of five shillings in the pound, and, in the case of an individual whose total income from all sources exceeds two thousand 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 1932–33 shall have effect with respect to the Income Tax charged for the year 1933–34.
§ And it is 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."