4 ACT To make further provision for the revenues and public funds of Zimbabwe and to provide for matters connected therewith or incidental thereto. ENACTED by the President and Parliament of Zimbabwe. PART I PRELIMINARY 1 Short title This Act may be cited as the Finance (No. 2) Act, 2005. PART II INCOME TAX Amendments to Chapter I of Finance Act [Chapter 23:04] 2 Amendment of section 14 of Cap. 23:04 With effect from the year of assessment beginning on the 1st January, 2006, section 14 ("Income tax for periods of assessment after 1.4.88") of the Finance Act [Chapter 23:04] is amended in subsection (2)— (a) by the deletion of "1st January, 2005," and the substitution of "1st January, 2006,"; (b) by the repeal of paragraph (a) and the substitution of— "(a) in the case of a person other than a company, a trust or a pension fund, at the specified percentage of each dollar of each of the following parts of his taxable income from employment— (i) so much as does not exceed eighty-four million dollars; (ii) so much as exceeds eighty-four million dollars but does not exceed one hundred and ninety-two million dollars; (iii) so much as exceeds one hundred and ninety-two million dollars but does not exceed three hundred and thirty-six million dollars; (iv) so much as exceeds three hundred and thirty-six million dollars but does not exceed four hundred and eighty million dollars; (v) so much as exceeds four hundred and eighty million dollars;".