MEDICARE LEVY AMENDMENT ACT (NO. 2) 1992 NO. 157, 1992 

MEDICARE LEVY AMENDMENT ACT (NO. 2) 1992 NO. 157, 1992 
- TABLE OF PROVISIONS

1. Short title etc.  
2. Commencement  
3. Rate of levy  
4. Amount of levy - person who has spouse or dependants  
5. Application (New rate)  

MEDICARE LEVY AMENDMENT ACT (No. 2) 1992 No. 157, 1992 - LONG TITLE

          An Act to amend the Medicare Levy Act 1986, and for
                            related purposes

MEDICARE LEVY AMENDMENT ACT (No. 2) 1992 No. 157, 1992
- SECT 1
Short title etc.

                                     (Assented to 11 December 1992
  1.(1) This Act may be cited as the Medicare Levy Amendment Act (No. 2)
1992.
  (2) In this Act, "Principal Act" means the Medicare Levy Act 1986.*1*
(Minister's second reading speech made in-
          House of Representatives on 3 November 1992
          Senate on 26 November 1992)
*1* No. 110, 1986, as amended.  For previous amendments, see No. 110, 1987;
No. 93, 1988; No. 137, 1989; Nos. 86 and 135, 1990; and Nos. 100 and 212,
1991.

MEDICARE LEVY AMENDMENT ACT (No. 2) 1992 No. 157, 1992
- SECT 2
Commencement

  2. This Act commences on the day on which it receives the Royal Assent.

MEDICARE LEVY AMENDMENT ACT (No. 2) 1992 No. 157, 1992
- SECT 3
Rate of levy

  3. Section 6 of the Principal Act is amended by omitting "1.25%" (wherever
occurring) and substituting "1.4%".

MEDICARE LEVY AMENDMENT ACT (No. 2) 1992 No. 157, 1992
- SECT 4
Amount of levy - person who has spouse or dependants

  4.(1) Section 8 of the Principal Act is amended:
  (a) by omitting from subsection (2) "0.1875" and substituting "0.186";
  (b) by omitting from subsection (2) "1.25%" and substituting "1.4%".
  (2) Section 8 of the Principal Act is amended by omitting from subsection
(6) "family allowance" and substituting "family payment".

MEDICARE LEVY AMENDMENT ACT (No. 2) 1992 No. 157, 1992
- SECT 5
Application
(New rate)

  5.(1) The amendments made by section 3 and subsection 4(1) apply for the
financial year commencing on 1 July 1993 and all later financial years.
(Family payments under Part 2.17 of the Social Security Act 1991)
  (2) The amendment made by subsection 4(2) applies to payments made on or
after 1 January 1993.