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A New Tax System (Family Assistance) Act 1999
48Changing the repayment period—recalculation of amount of unrepaid family tax benefit advance
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#### 48 Changing the repayment period—recalculation of amount of unrepaid family tax benefit advance
(1) This clause applies if, during the repayment period for a family tax benefit advance, the amount of the family tax benefit advance that is unrepaid is increased, due to a variation in a determination, or a variation or substitution of a decision on review (other than a variation under subsection 28(2) or (6) of the Family Assistance Administration Act), so that the amount by which the individual’s Part A rate is to be reduced under clause 5 or 25A is an amount that is more than the standard reduction.
(2) The Secretary must determine that the number of days in a repayment period is to be increased so that the amount by which the individual’s Part A rate is to be reduced under clause 5 or 25A is an amount that is no more than the standard reduction.
> Note: The individual may also request that the Secretary determine a shorter or longer repayment period under clause 46 or 47.