Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

A NEW TAX SYSTEM (MEDICARE LEVY SURCHARGE--FRINGE BENEFITS) ACT 1999 - SECT 6

What is a tier 2 earner and tier 3 earner

  (1)   Subject to this section, for the purposes of this Act:

  (a)   tier 2 earner , for a year of income, means a tier 2 earner (within the meaning of the Private Health Insurance Act 2007 ) for the financial year corresponding to the year of income; and

  (b)   tier 3 earner , for a year of income, means a tier 3 earner (within the meaning of that Act) for the financial year corresponding to the year of income.

  (2)   In determining whether a person is a tier 2 earner or tier 3 earner for a year of income for the purposes of this Act, section   22 - 30 of the Private Health Insurance Act 2007 operates with the modification set out in subsection   (3).

  (3)   Replace paragraph   22 - 30(1)(b) of the Private Health Insurance Act 2007 with the following paragraph:

  (b)   on any day in the year, the person has one or more dependants (within the meaning of the A New Tax System (Medicare Levy Surcharge--Fringe Benefits) Act 1999 ), other than a dependant to whom the person is married (within the meaning of that Act):



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback