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

Schedule 8   Amendments relating to family tax benefit (commencing on 1 July 2008)

Part 1   Regular care children

Division 1   Amendments

A New Tax System (Family Assistance) Act 1999

81   Subclause 31A(1) of Schedule 1

Repeal the subclause, substitute:

(1) The amount of the FTB Part B supplement to be added in working out an individual's Part B rate under clause 29 or 29A is:

(a) if the individual has one FTB child, or more than one FTB child, and the individual does not have a shared care percentage for that child, or for at least one of those children - the FTB (B) gross supplement amount; or

(b) if the individual has only one FTB child and the individual has a shared care percentage for the child - the shared care percentage of the FTB (B) gross supplement amount; or

(c) if the individual has more than one FTB child and the individual has a shared care percentage for each of those children - the highest of those percentages of the FTB (B) gross supplement amount.