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A New Tax System (Family Assistance and Related Measures) Act 2000
60CVariation where CCB % calculated under Schedule 2 to Family Assistance Act and Secretary receives information from Commissioner of Taxation
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#### 60C Variation where CCB % calculated under Schedule 2 to Family Assistance Act and Secretary receives information from Commissioner of Taxation
(1) If:
(a) determinations of conditional eligibility under section 50F and of CCB % under section 50J in force in respect of a claimant who is an individual were made after the period referred to in paragraph 50D(1)(e); and
(b) later, the Commissioner of Taxation tells the Secretary one of the following things:
(i) the TFN determination person has not applied for a tax file number;
(ii) an application by the TFN determination person for a tax file number has been refused;
(iii) the TFN determination person has withdrawn an application for a tax file number;
the Secretary must vary the determination of CCB % with the effect that the CCB % is calculated under Schedule 2 to the Family Assistance Act using the minimum taxable income % as the taxable income %.
(2) The variation takes effect from the Monday after the day the variation is made.
Consequence of Secretary later becoming aware of tax file number
(3) If:
(a) under subsection (1), the Secretary varies the determination; and
(b) the Secretary finds out the tax file number of the TFN determination person before the end of the income year following the one in which the variation took effect, the Secretary must vary the determination to undo the effect mentioned in subsection (1).