This Act may be cited as the Land and Income Assessment Amendment Act, 1913, and shall form part of and be read together with the Land and Income Assessment Act, 1908 (hereinafter referred to as the principal Act).

In addition to the special exemption provided for by section eighty-one of the principal Act, a further sum of twenty-five pounds shall be deducted by way of special exemption from the yearly income of every taxpayer in respect of each of his children (not exceeding five) who are under the age of sixteen years and are dependent upon him:

Provided that a deduction shall not be made under this section from the income of both the father and the mother of any child, or in any case where the total income from all sources of the father and mother together exceeds four hundred and twenty-five pounds per annum (whether such income or any part thereof is liable to income-tax or not).

This section shall not apply to the assessment of income-tax for the year commencing on the first day of April, nineteen hundred and thirteen.

Section one hundred and four of the principal Act is hereby amended by inserting, after the words “other company” wherever those words occur in paragraph (6), the words “local authority.”