Commonwealth Consolidated Acts

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A NEW TAX SYSTEM (FAMILY ASSISTANCE) ACT 1999 - SECT 88

What is the amount of the payment?

Add together the amounts applicable under this section for each eligible child

  (1)   The amount of the one - off payment to the entitled individual is worked out by adding together the amounts applicable under this section for each eligible child.

Amount is $600 unless another subsection applies

  (2)   Subject to this section, the amount applicable for an eligible child is $600.

Reduced amount if applicable section   16 or 17 rate took account of a subsection   59(1) percentage determination

  (3)   If the applicable section   16 rate, or the applicable section   17 rate, took account of a determination under subsection   59(1) of a particular percentage in relation to an eligible child covered by paragraph   87(a) or (c), the amount applicable for the eligible child is that percentage of $600.

Reduced amount if applicable section   16 or 17 rate took account of a section   28 percentage determination

  (4)   If the applicable section   16 rate, or the applicable section   17 rate, took account of a determination under section   28 of a particular percentage in relation to one or more FTB children (being an eligible child or eligible children)--the amount applicable for the eligible child, or for each of those eligible children, is:

  (a)   unless paragraph   (b) applies--that percentage of $600; or

  (b)   if subsection   (3) also applies in relation to the eligible child--that percentage of the amount worked out under subsection   (3) for the eligible child.

Reduced amount if applicable section   17 rate took account of a section   29 percentage determination

  (5)   If the applicable section   17 rate took account of a determination under section   29 of a particular percentage in relation to one or more FTB children (being an eligible child or eligible children)--the amount applicable for the eligible child, or for each of those eligible children, is:

  (a)   unless paragraph   (b) applies--that percentage of $600; or

  (b)   if subsection   (3) also applies in relation to the eligible child--that percentage of the amount worked out under subsection   (3) for the eligible child.



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