Budget Savings (Omnibus) Act 2016
29AAEnergy supplement
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29AA Energy supplement
(1) Paragraph 29(1)(c) of this Schedule, or paragraph (c) of step 1 of the method statement in subclause 29(2) of this Schedule, does not apply to an individual on or after the commencement of this clause unless: (a) the individual was entitled to be paid family tax benefit in respect of 19 September 2016; and (b) the individual’s Part A rate of family tax benefit in respect of 19 September 2016 was not worked out under Part 3A of this Schedule. (2) However, if: (a) the individual ceases to be entitled to be paid family tax benefit in respect of a day (the applicable day) on or after 20 September 2016; or (b) the individual’s Part A rate of family tax benefit is worked out under Part 3A of this Schedule in respect of a day (the applicable day) on or after 20 September 2016; then paragraph 29(1)(c) of this Schedule, or paragraph (c) of step 1 of the method statement in subclause 29(2) of this Schedule, does not apply, and never again applies, to the individual from: (c) if the applicable day is before the commencement of this clause—the start of the day this clause commences; or (d) if the applicable day is on or after the commencement of this clause—the start of the applicable day.
20 Subclause 29A(2) of Schedule 1
Omit “The Part B rate”, substitute “Subject to clause 29D, the Part B rate”.
21 At the end of subclause 29A(2) of Schedule 1
Add:
Note: Paragraph (c) does not apply to certain individuals: see clause 29D.
22 At the end of Subdivision B of Division 1 of Part 4 of Schedule 1
Add: