Family Assistance and Other Legislation Amendment (Schoolkids Bonus Budget Measures) Act 2012
123XPKDeductions from ETR income‑managed payments
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123XPK Deductions from ETR income‑managed payments
Scope (1) This section applies if: (a) a person is subject to the income management regime; and (b) an ETR income‑managed payment is payable to the person. Deductions from ETR income‑managed payments (2) The following provisions have effect: (a) the Secretary must deduct from the payment the deductible portion of the payment; (b) an amount equal to the deductible portion of the payment is credited to the Income Management Record; (c) an amount equal to the deductible portion of the payment is credited to the person’s income management account. (3) For the purposes of subsection (2), the deductible portion of an ETR income‑managed payment is 100% of the amount of the payment.
Veterans’ Entitlements Act 1986
18 Section 5 (index of definitions)
Insert:
| Military Rehabilitation and Compensation Act Education and Training Scheme | 5Q(1) |
|---|
19 Paragraph 5H(8)(paa)
Omit “or clean energy advance”, substitute “, clean energy advance or ETR payment”.
20 After paragraph 5H(8)(zzah)
Insert:
(zzai) ETR payment under Part VIIH;
21 At the end of subsection 5H(8) (before the note)
Add:
; (zzh) a payment under the scheme determined under Part 2 of Schedule 1 to the Family Assistance and Other Legislation Amendment (Schoolkids Bonus Budget Measures) Act 2012.
22 Subsection 5Q(1)
Insert:
Military Rehabilitation and Compensation Act Education and Training Scheme means the scheme determined under section 258 of the Military Rehabilitation and Compensation Act 2004.
23 After Part VIIG
Insert: