35JDetermination of eligibility may be based on estimate

35J Determination of eligibility may be based on estimate

If: (a) an individual’s eligibility under Division 1A of Part 3 of the Family Assistance Act for schoolkids bonus on a bonus test day is required to be determined; and (b) information about the amount of adjusted taxable income needed for the determination of the eligibility is not available (for example, because the taxable income of the individual or another individual cannot be known until after the end of the relevant income year); and (c) the individual gives the Secretary an estimate of the amount needed; and (d) the Secretary considers the estimate to be reasonable; the Secretary may determine the individual’s eligibility on the basis of the estimate.

Part 1—Repeals

A New Tax System (Family Assistance) Act 1999

1 Subsection 3(1) (definition of bonus test day)

Repeal the definition.

2 Subsection 3(1) (definition of current education period)

Repeal the definition.

3 Subsection 3(1) (paragraph (f) of the definition of family assistance)

Omit “supplement; or”, substitute “supplement.”.

4 Subsection 3(1) (paragraph (g) of the definition of family assistance)

Repeal the paragraph.

5 Subsection 3(1) (paragraph (ba) of the definition of FTB child)

Repeal the paragraph.

6 Subsection 3(1) (definition of previous education period)

Repeal the definition.

7 Subsection 3(1) (definition of primary school amount)

Repeal the definition.

8 Subsection 3(1) (definition of relevant schoolkids bonus child)

Repeal the definition.

9 Subsection 3(1) (definition of schoolkids bonus)

Repeal the definition.

10 Subsection 3(1) (definition of secondary school amount)

Repeal the definition.

11 Division 1A of Part 3

Repeal the Division.

12 Division 1A of Part 4

Repeal the Division.

12A Clause 1 of Schedule 3 (heading)

Repeal the heading, substitute: