A New Tax System (Family Assistance) Act 1999

PART 7 - BACK TO SCHOOL BONUS AND SINGLE INCOME FAMILY BONUS  

Division 1 - Back to school bonus  

Subdivision A - Entitlements in relation to eligible children  

SECTION 97   What is the amount of the bonus?  


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

97(1)    
The amount of the back to school bonus to the entitled individual is worked out by adding together the amounts applicable under this section for each eligible child.

Amount is $950 unless another subsection applies

97(2)    
Subject to this section, the amount applicable for an eligible child is $950.

Reduced amount if applicable rate took account of an individual's shared care percentage

97(3)    
If the applicable rate (see section 95 ) took account of a shared care percentage in relation to an eligible child, the amount applicable for the eligible child is that percentage of $950.

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

97(4)    
If the applicable rate (see section 95 ) 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 $950; 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 rate took account of a section 29 percentage determination

97(5)    
If the applicable rate (see section 95 ) 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 $950; 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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