A NEW TAX SYSTEM (FAMILY ASSISTANCE) (ADMINISTRATION) ACT 1999 - SECT 32P Relevant reconciliation time--individual not member of a couple, no maintenance income etc.

A NEW TAX SYSTEM (FAMILY ASSISTANCE) (ADMINISTRATION) ACT 1999 - SECT 32P

  (1)   This section applies to the first individual for a same - rate benefit period if:

  (a)   the first individual was not a member of a couple at any time during the same - rate benefit period; and

  (b)   clause   38L of Schedule   1 to the Family Assistance Act applied to the first individual throughout the same - rate benefit period; and

  (c)   either:

  (i)   the first individual did not have an annualised amount of maintenance income (as defined by Division   5 of Part   2 of Schedule   1 to the Family Assistance Act) for the relevant income year; or

  (ii)   clause   19B of Schedule   1 to the Family Assistance Act applied to the first individual throughout the same - rate benefit period.

  (2)   The relevant reconciliation time is the end of the relevant income year.