21Maintenance income of members of couple to be added

#### 21 Maintenance income of members of couple to be added The annualised amount of the maintenance income of an individual who is a member of a couple is the sum of the amounts that, apart from this clause, would be the respective annualised amounts of each of the members of the couple. 38 After subclause 24(2) of Schedule 1 Insert: (2A) For the capitalisation period in an income year, the annualised amount of an individual’s capitalised maintenance income is worked out using the following formula:  39 Clause 25 of Schedule 1 Omit “If”, substitute “Subject to the operation of clause 25A, if”. 40 Clause 25 of Schedule 1 (method statement, step 2) Repeal the step, substitute: Step 2. Apply the income test in Division 3 of this Part (clause 28) to work out any reduction for adjusted taxable income. Take any reduction away from the individual’s maximum rate: the result is the individual’s provisional Part A rate. Step 3. The individual’s Part A rate is: (a) the individual’s provisional Part A rate if that rate is equal to or greater than the rate that would be the individual’s income and maintenance tested rate under step 3 of the method statement in clause 3 if the individual’s Part A rate were to be calculated using Part 2; or (b) the rate that would the individual’s income and maintenance tested rate as so calculated if it is greater than the individual’s provisional Part A rate. 41 After clause 25 of Schedule 1 Insert: