A New Tax System (Family Assistance) Act 1999

Sch 1 cl 27 substituted by No 146 of 2006, s 3 and Sch 8 item 77, effective 1 July 2008. Cl 27 formerly read:

27 Sharing family tax benefit (determination under subsection 59(1))  
27
If the Secretary has determined under subsection 59(1) the percentage (the specified percentage ) that is to be an individual ' s percentage of family tax benefit for an FTB child of the individual, the FTB child rate for the child, in working out the individual ' s standard rate under clause 26, is the specified percentage of the FTB child rate that would otherwise apply to the child.