A NEW TAX SYSTEM (FAMILY ASSISTANCE) ACT 1999 - SECT 102 What is the amount of the bonus?

A NEW TAX SYSTEM (FAMILY ASSISTANCE) ACT 1999 - SECT 102

Amount is $900 unless another subsection applies

  (1)   Subject to this section, the amount of the single income family bonus to the entitled individual is $900.

Reduced amount if applicable rate took account of an individual's shared care percentage

  (2)   If the applicable rate (see section   101) was worked out taking into account only one FTB child and a shared care percentage in relation to that child, the amount of the single income family bonus to the entitled individual is that percentage of $900.

  (3)   If the applicable rate (see section   101) was worked out taking into account more than one FTB child and a shared care percentage for each of those children, the amount of the single income family bonus to the entitled individual is the highest of those percentages of $900.

Reduced amount if applicable rate took account of a section   28 percentage determination

  (4)   If the applicable rate (see section   101) took account of a determination under section   28 of a particular percentage in relation to one or more FTB children, the amount of the single income family bonus to the entitled individual is:

  (a)   unless paragraph   (b) applies--that percentage of $900; or

  (b)   if subsection   (2) or (3) also applies--that percentage of the amount worked out under subsection   (2) or (3).

Reduced amount if applicable rate took account of a section   29 percentage determination

  (5)   If the applicable rate (see section   101) took account of a determination under section   29 of a particular percentage in relation to one or more FTB children, the amount of the single income family bonus to the entitled individual is:

  (a)   unless paragraph   (b) applies--that percentage of $900; or

  (b)   if subsection   (2) or (3) also applies--that percentage of the amount worked out under subsection   (2) or (3).