Family Assistance and Other Legislation Amendment (Schoolkids Bonus Budget Measures) Act 2012 (50 of 2012)
Schedule 2 Schoolkids bonus
Part 1 Main amendments
A New Tax System (Family Assistance) Act 1999
12 Subclause 3(1) of Schedule 4 (table items 17A and 17AAA)
Repeal the items, substitute:
17AB |
PSA for schoolkids bonus |
1 July |
December |
highest December quarter before reference quarter (but not earlier than December quarter 2012) |
$1.00 |
17AC |
SSA for schoolkids bonus |
1 July |
December |
highest December quarter before reference quarter (but not earlier than December quarter 2012) |
$1.00 |
17AD |
baby bonus |
1 July |
December |
highest December quarter before reference quarter (but not earlier than December quarter 2007) |
$1.00 |
17AE |
baby bonus income limit |
1 July |
December |
highest December quarter before reference quarter (but not earlier than December quarter 2007) |
$1.00 |