A New Tax System (Family Assistance and Related Measures) Act 2000
83Rate of child care benefit for care provided by registered carer
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83 Rate of child care benefit for care provided by registered carer
(1) The hourly rate of child care benefit for care provided to a child by a registered carer is an amount per hour worked out in accordance with the formula:
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where:
minimum hourly amount is the amount specified in the numerator in the formula in clause 12 of Schedule 2.
schooling % is:
(a) 85% if the child is a school child; and
(b) 100% if the child is not a school child.
Section 84 imposes a limit on the amount of child care benefit that may be paid for care provided to a child in a week. (2) To avoid doubt, the hourly rate may be applied to a part of an hour. That part of the hour attracts the appropriate proportion of the amount for a full hour.