Budget Savings (Omnibus) Act 2016 (55 of 2016)

Schedule 15   Fringe benefits

Social Security Act 1991

5   Application provisions

Family tax benefit

(1) The amendments made by this Schedule apply in relation to working out the rate of family tax benefit under the A New Tax System (Family Assistance) Act 1999 for days on or after the commencement of this item.

Child care benefit

(2) The amendments made by this Schedule apply in relation to working out the rate of child care benefit under the A New Tax System (Family Assistance) Act 1999 for days on or after the first Monday occurring on or after the commencement of this item.

Stillborn baby payment

(3) The amendments made by this Schedule apply in relation to working out an individual's eligibility for stillborn baby payment under the A New Tax System (Family Assistance) Act 1999 for a child delivered on or after the commencement of this item.

Parental leave pay and dad and partner pay

(4) The amendments made by this Schedule apply in relation to a claim for parental leave pay, or dad and partner pay, under the Paid Parental Leave Act 2010 for a child:

(a) who is born on or after the commencement of this item; or

(b) who becomes entrusted to the care of a person (as mentioned in subsection 275(2) of the Paid Parental Leave Act 2010) on or after the commencement of this item;

whether the claim was made before, on or after that commencement.

Youth allowance

(5) The amendments made by this Schedule apply in relation to working out the rate of youth allowance under the Social Security Act 1991 for days on or after the commencement of this item.

Low income supplement

(6) The amendments made by this Schedule do not apply in relation to working out a person's qualification for a low income supplement under Division 3 of Part 2.18A of the Social Security Act 1991 for the 2016-17 income year or an earlier income year.

Low income superannuation contribution

(7) The amendments made by this Schedule do not apply in relation to working out whether a low income superannuation contribution in respect of a person is payable under Part 2A of the Superannuation (Government Co-contribution for Low Income Earners) Act 2003 for the 2016-17 income year or an earlier income year.

Rebate for medical expenses

(8) The amendments made by this Schedule apply in relation to working out whether a taxpayer is entitled to a rebate of tax, and the amount of the rebate, under section 159P of the Income Tax Assessment Act 1936 in respect of a year of income beginning on or after the commencement of this item.

Rebate for low income aged persons and pensioners

(9) The amendments made by this Schedule apply in relation to working out whether a taxpayer is entitled to a rebate of tax under section 160AAAA of the Income Tax Assessment Act 1936 in respect of a year of income beginning on or after the commencement of this item.

(10) The amendments made by this Schedule apply in relation to working out whether a trustee is entitled to a rebate of tax under section 160AAAB of the Income Tax Assessment Act 1936 in respect of a year of income beginning on or after the commencement of this item.

Dependant (invalid and carer) tax offset

(11) The amendments made by this Schedule apply in relation to working out whether an individual is entitled to a tax offset, and the amount of the offset, under section 61-10 of the Income Tax Assessment Act 1997 for an income year beginning on or after the commencement of this item.

Dependant (non-student child under 21 or student) notional tax offset

(12) The amendments made by this Schedule apply in relation to working out the amount of an individual's notional tax offset under Subdivision 961-A of the Income Tax Assessment Act 1997 for an income year beginning on or after the commencement of this item.