A New Tax System (Family Assistance) Act 1999

Pt 4 heading substituted by No 22 of 2017, s 3 and Sch 1 item 38, effective 2 July 2018. For application, saving and transitional provisions, see note under Pt 4A heading. The heading formerly read:

PART 4 - RATE OF FAMILY ASSISTANCE

Div 1A repealed by No 96 of 2014, s 3 and Sch 9 item 12, effective 31 December 2016. For saving provisions, see note under Pt 3 Div 1A heading.

Div 1A inserted by No 50 of 2012, s 3 and Sch 2 item 10, effective 27 May 2012. For transitional provisions see note under Pt 3 Div 1A heading.

S 65D repealed by No 96 of 2014, s 3 and Sch 9 item 12, effective 31 December 2016. For saving provisions, see note under Pt 3 Div 1A heading. S 65D formerly read:

SECTION 65D Amount of schoolkids bonus - individuals eligible in relation to school leavers  
65D(1)
If an individual is eligible under section 35UC for schoolkids bonus on a bonus test day, the amount of schoolkids bonus for the individual for the bonus test day is worked out by adding together the amounts applicable under this section for the bonus test day for each child who is, under subsection 35UD(6) , an eligible child in relation to the individual for the bonus test day.

65D(2)
Subject to this section, the amount applicable for the bonus test day for an eligible child is the secondary school amount.

65D(3)
The instrument made under section 35UC may make provision for the amount worked out under subsection (2) of this section for an eligible child for a bonus test day to be varied in accordance with the instrument, in the following circumstances:

(a) if a shared care percentage applied in relation to the eligible child;

(b) if there is a determination under section 28 or 29 of a particular percentage in relation to the eligible child;

(c) circumstances in which the Minister considers it appropriate to vary the amount.

65D(4)
If the instrument made under section 35UC provides for the amount worked out under subsection (2) of this section for an eligible child for a bonus test day to be varied, the amount applicable for the bonus test day for the eligible child is the amount as varied.

S 65D inserted by No 50 of 2012, s 3 and Sch 2 item 10, effective 27 May 2012. For transitional provisions see note under Pt 3 Div 1A heading.