Child Support Legislation Amendment (Reform of the Child Support Scheme - New Formula and Other Measures) Act 2006 (146 of 2006)

Schedule 5   Amendments relating to child support agreements and court orders (commencing on 1 July 2008)

Part 1   Main amendments

Division 3   Notional assessments

A New Tax System (Family Assistance) Act 1999

61   Subsection 3(1) (paragraph (a) of the definition of maintenance income )

Repeal the paragraph, substitute:

(a) child maintenance - any one or more of the following amounts:

(i) if clause 20B of Schedule 1 applies (notional assessments for child support agreements) - the amount worked out under that clause;

(ii) if clause 20C of Schedule 1 applies (lump sum payments) - the amount worked out under that clause;

(iii) otherwise - the amount of a payment or the value of a benefit that is received by the individual for the maintenance of an FTB child of the individual and is received from a parent of the child, or the partner or former partner of a parent of the child; or