Fairer Private Health Insurance Incentives (Medicare Levy Surcharge) Act 2012 (27 of 2012)
Schedule 1 Amendments
Medicare Levy Act 1986
16 At the end of section 8E
Add:
(3) Increase the amount of each percentage mentioned in subsection (2) by 0.25 of a percentage point if the beneficiary is a tier 2 earner for the year of income.
(4) Increase the amount of each percentage mentioned in subsection (2) by 0.5 of a percentage point if the beneficiary is a tier 3 earner for the year of income.