Child Support Legislation Amendment (Reform of the Child Support Scheme—New Formula and Other Measures) Act 2006
24NOverall method for working out maintenance income ceiling for purposes of comparison for Method 2
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24N Overall method for working out maintenance income ceiling for purposes of comparison for Method 2
For the purposes of the comparison in step 3 of the method statement in clause 25, this is how to work out an individual’s maintenance income ceiling for maintenance income received by the individual, or the individual’s partner, from another individual (the maintenance payer) if the individual’s Part A rate is worked out using Part 3 of this Schedule (Method 2):
Method statement
Step 1. Work out the individual’s standard amount for the maintenance income using clause 24P.
Step 2. Work out the individual’s LFS amount for the maintenance income using clause 24Q.
Step 3. Work out the individual’s multiple birth allowance (if any) under Division 2 of Part 5 (clauses 36 to 38) for FTB children of the individual in respect of whom the individual, or the individual’s partner, is entitled to apply for maintenance income from the maintenance payer.
Step 4. Work out the individual’s supplement amount for the maintenance income using clause 24R.
Step 5. Work out the individual’s RA amount for the maintenance income using clause 24J.
Step 6. Work out the individual’s MIFA amount for the maintenance income using clause 24K.
Step 7. Work out the individual’s maintenance income ceiling for the maintenance income using clause 24S.