Family Assistance and Other Legislation Amendment (Schoolkids Bonus Budget Measures) Act 2012
65FAmount of schoolkids bonus—individuals eligible under section 35UG
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65F Amount of schoolkids bonus—individuals eligible under section 35UG
If the Secretary makes a determination under subsection 35UG(1) that an individual is eligible for schoolkids bonus on a bonus test day, the amount of the schoolkids bonus is the amount referred to in subparagraph 35UG(1)(b)(i) or (ii) (as the case requires).
11 Clause 2 of Schedule 4 (table items 17A and 17AAA)
Repeal the items, substitute:
| 17AB | primary school amount for schoolkids bonus | PSA for schoolkids bonus | [subsection 65A(1)] |
|---|---|---|---|
| 17AC | secondary school amount for schoolkids bonus | SSA for schoolkids bonus | [subsection 65A(2)] |
| 17AD | Baby bonus | baby bonus | [subsection 66(1)] |
| 17AE | Income limit for baby bonus | baby bonus income limit | [paragraphs 36(2)(e), (3)(f), (4)(d) and (5)(e)] |
12 Subclause 3(1) of Schedule 4 (table items 17A and 17AAA)
Repeal the items, substitute:
| 17AB | PSA for schoolkids bonus | 1 July | December | highest December quarter before reference quarter (but not earlier than December quarter 2012) | $1.00 |
|---|---|---|---|---|---|
| 17AC | SSA for schoolkids bonus | 1 July | December | highest December quarter before reference quarter (but not earlier than December quarter 2012) | $1.00 |
| 17AD | baby bonus | 1 July | December | highest December quarter before reference quarter (but not earlier than December quarter 2007) | $1.00 |
| 17AE | baby bonus income limit | 1 July | December | highest December quarter before reference quarter (but not earlier than December quarter 2007) | $1.00 |
A New Tax System (Family Assistance) (Administration) Act 1999
13 After Division 2 of Part 3
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