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