Commonwealth Consolidated Acts

A NEW TAX SYSTEM (FAMILY ASSISTANCE) (ADMINISTRATION) ACT 1999 - SECT 55AC

             (1)  This section applies in relation to any individual who is a member of a couple.

             (2)  For the purposes of the Family Assistance Act, any reference in this Act to CCB % being determined or worked out on the basis of an indexed estimate, or an indexed actual income, for an individual or stated in a notice, is affected by subsection (3).

             (3)  The reference is taken to be a reference to CCB % being determined or worked out on the basis of the indexed estimate, or the indexed actual income, for that individual or stated in that notice, combined with:

                     (a)  the indexed estimate or indexed actual income for the individual's partner stated in a notice given to:

                              (i)  if the individual is the claimant for child care benefit--the individual; or

                             (ii)  if the individual is the partner of the claimant for child care benefit--the individual's partner;

                            under subsection 55AA(2) or 55AB(2) with a start day that has arrived or passed (or, if the Secretary has given more than one such notice--the notice with the most recent start day); or

                     (b)  if there is no such indexed estimate or indexed actual income--a reasonable estimate of the adjusted taxable income of the individual's partner (disregarding the effect of clause 3 of Schedule 3 to the Family Assistance Act) that has been given to the Secretary by the individual.