Commonwealth Consolidated Acts

YOUTH ALLOWANCE CONSOLIDATION ACT 2000 - SCHEDULE 5

Part 1 -- Amendments commencing on Royal Assent

Data - matching Program (Assistance and Tax) Act 1990

1   Subsection 3(1) (paragraph (cb) of the definition of personal assistance )

Repeal the paragraph, substitute:

  (cb)   a payment of financial supplement under:

  (i)   Chapter 2B of the Social Security Act 1991 ; or

  (ii)   the Student Financial Supplement Scheme established under Chapter 2B of the Social Security Act 1991 as in force before the commencement of Schedule 2 to the Youth Allowance Consolidation Act 2000 ; or

Income Tax Assessment Act 1936

2   Subsection 163B(10) (paragraphs (a) and (b) of the definition of FS assessment debt )

Repeal the paragraphs, substitute:

  (a)   subsection 19AB(2) of the Social Security Act 1991 ; or

  (b)   the Student Assistance Act 1973 as in force at a time on or after 1 July 1998 .

3   Paragraph 202(ha)

Repeal the paragraph, substitute:

  (ha)   to facilitate the administration of:

  (i)   Part 2B.3 of the Social Security Act 1991 ; or

  (ii)   a provision of an instrument under Chapter 2B of the Social Security Act 1991 (as in force before the commencement of Schedule 2 to the Youth Allowance Consolidation Act 2000 ) establishing a Student Financial Supplement Scheme, being a provision relating to the recovery through the taxation system of a student's outstanding indebtedness in respect of financial supplement paid to the student in accordance with the Scheme; and

4   Subsection 221ZY(1) (paragraphs (a) and (b) of the definition of FS assessment debt )

Repeal the paragraphs, substitute:

  (a)   subsection 19AB(2) of the Social Security Act 1991 ; or

  (b)   the Student Assistance Act 1973 as in force at a time on or after 1 July 1998 .

Taxation (Interest on Overpayments and Early Payments) Act 1983

5   Subsection 3(1) (paragraphs (a) and (b) of the definition of FS assessment debt )

Repeal the paragraphs, substitute:

  (a)   subsection 19AB(2) of the Social Security Act 1991 ; or

  (b)   the Student Assistance Act 1973 as in force at a time on or after 1 July 1998 .

Part 2 -- Amendments commencing on 1 July 1998

Farm Household Support Act 1992

6   Paragraph 24A(1)(a)

Repeal the paragraph, substitute:

  (a)   the fortnightly rate at which:

  (i)   if the person is of youth allowance age--youth allowance would be payable to the person if he or she were entitled to receive youth allowance; or

  (ii)   if the person is not of youth allowance age--newstart allowance would be payable to the person if he or she were entitled to receive newstart allowance;

7   Subsection 24A(1A) (paragraph (b) of the definition of income support payment rate )

After "newstart allowance", insert "or youth allowance".

8   Paragraph 24B(1)(a)

Repeal the paragraph, substitute:

  (a)   the fortnightly rate at which:

  (i)   if the person is of youth allowance age--youth allowance would be payable to the person if he or she were entitled to receive youth allowance; or

  (ii)   if the person is not of youth allowance age--newstart allowance would be payable to the person if he or she were entitled to receive newstart allowance; and

9   Subsection 24B(2) (paragraph (b) of the definition of income support payment rate )

After "newstart allowance", insert "or youth allowance".

Taxation Administration Act 1953

10   Paragraph 8WA(1)(b)

Repeal the paragraph, substitute:

  (b)   the first - mentioned person requires or requests the number to be quoted in connection with that person exercising powers or performing functions under or in relation to, or complying with an obligation imposed by, a taxation law or a law of the Commonwealth of the kind referred to in paragraph 202(c), (d), (g), (h), (ha), (i) or (j) of the Income Tax Assessment Act 1936 ; or

11   Paragraphs 8WB(1)(d) and (e)

After "(h),", insert "(ha),".

Part 3 -- Amendment commencing on 1 July 1999

Taxation Administration Act 1953

12   Section 8AAZA (definition of FS assessment debt )

Repeal the definition, substitute:

"FS assessment debt" means an FS assessment debt under:

  (a)   subsection 19AB(2) of the Social Security Act 1991 ; or

  (b)   the Student Assistance Act 1973 as in force at a time on or after 1 July 1998 .

[ Minister's second reading speech made in--

House of Representatives on 11 February 1999

Senate on 27 April 1999 ]