A New Tax System (Family Assistance) Act 1999
5Family tax benefit advance to individual
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5 Family tax benefit advance to individual
(1) If: (a) an individual is entitled to be paid family tax benefit by instalment; and (b) the individual is paid a family tax benefit advance; and (c) the individual has not repaid the whole of the advance; and (d) the amount of unrepaid family tax benefit advance is not an FTB advance debt; then, subject to clauses 44 and 49, the individual’s Part A rate (as reduced (if at all) under clauses 38J and 38K) is to be reduced in accordance with Division 4 of Part 5 (clauses 40 to 51). (2) If an individual satisfies paragraphs (1)(a) to (d) for more than one family tax benefit advance, the individual’s Part A rate is to be reduced under subclause (1) for each of those advances.