A NEW TAX SYSTEM (FAMILY ASSISTANCE) ACT 1999 - SECT 64 Calculation of rate of family tax benefit for death of FTB

Commonwealth Numbered Acts

Calculation of rate of family tax benefit for death of FTB child

The rate of family tax benefit for each day in the period to which subsection 31(2) applies is worked out:

(a): by applying the Rate Calculator in Schedule 1 on the assumption that the child who died did not die and is an FTB child of the individual during that period; and
(b): by having regard to the actual circumstances during that period of any other child who is, from time to time, an FTB child of the individual.