2004
   The Parliament of the
   Commonwealth of Australia
   HOUSE OF REPRESENTATIVES
   Presented and read a first time
   Family Assistance Legislation Amendment (Adjustment of Certain FTB
   Child Rates) Bill 2004
   No. , 2004
   (Family and Community Services)
   A Bill for an Act to amend the A New Tax System (Family Assistance) Act
   1999, and for related purposes

   Contents

   A New Tax System (Family Assistance) Act 1999 3

   A Bill for an Act to amend the A New Tax System (Family Assistance) Act
   1999, and for related purposes

   The Parliament of Australia enacts:

      1 Short title

   This Act may be cited as the Family Assistance Legislation Amendment
   (Adjustment of Certain FTB Child Rates) Act 2004.

      2 Commencement

   (1) Each provision of this Act specified in column 1 of the table
   commences, or is taken to have commenced, in accordance with column 2
   of the table. Any other statement in column 2 has effect according to
   its terms.

   Commencement information
   Column 1
   Column 2
   Column 3
   Provision(s)
   Commencement
   Date/Details
   1. Sections 1 to 3 and anything in this Act not elsewhere covered by
   this table
   The day on which this Act receives the Royal Assent.
   2. Schedule 1
   Immediately after the commencement of Schedule 1 to the Family
   Assistance Legislation Amendment (More Help for Families--Increased
   Payments) Act 2004.
   1 July 2004

   Note: This table relates only to the provisions of this Act as
   originally passed by the Parliament and assented to. It will not be
   expanded to deal with provisions inserted in this Act after assent.

   (2) Column 3 of the table contains additional information that is not
   part of this Act. Information in this column may be added to or edited
   in any published version of this Act.

      3 Schedule(s)

   Each Act that is specified in a Schedule to this Act is amended or
   repealed as set out in the applicable items in the Schedule concerned,
   and any other item in a Schedule to this Act has effect according to
   its terms.

        Schedule 1--Amendments

   A New Tax System (Family Assistance) Act 1999

   1 Subclause 7(1) of Schedule 4 (formula)

   Repeal the formula, substitute:
   [b0418500.jpg ]

   2 Subclause 7(3) of Schedule 4 (formula)

   Repeal the formula, substitute:
   [b0418501.jpg ]

   3 Subclause 7(6) of Schedule 4

   Repeal the subclause.

   4 Application

   The amendments made by this Schedule apply in relation to family tax
   benefit for the 2003-2004 income year or a later income year.