Coronavirus Economic Response Package (Payments and Benefits) Amendment Rules (No. 8) 2020 (F2020L01165)
Schedule 1 Amendments
Part 3 Payment rate
Coronavirus Economic Response Package (Payments and Benefits) Rules 2020
21 At the end of Part 1
Add:
4A Meaning of reference period
(1) Each of the following is a reference period for an individual for an entity:
(a) a period set out in an applicable item of the following table;
(b) an alternative reference period determined by the Commissioner under subsection (2) that applies to the individual.
Note: The reference period is used to determine whether the higher rate or lower rate of jobkeeper payment is payable for an individual: see sections 9A, 12AA and 12BA.
|
Reference periods |
||
|---|---|---|
|
Item |
If the individual is: |
The reference period is: |
|
1 |
an eligible employee of the entity |
(a) the 28-day period ending at the end of the most recent pay cycle for the employee for the entity that ended before 1 March 2020; or (b) the 28-day period ending at the end of the most recent pay cycle for the employee for the entity that ended before 1 July 2020 |
|
2 |
the eligible business participant for the entity |
the month of February 2020 |
|
3 |
an eligible religious practitioner for the entity |
the month of February 2020 |
Alternative reference period determined by Commissioner
(2) The Commissioner may, by legislative instrument, determine that an alternative reference period applies to a specified class of individuals if the Commissioner considers that a period set out in the table in subsection (1) may not be a suitable reference period for the purpose of applying subsection 9A(1), 12AA(1) or section 12BA to individuals in the specified class.
(3) A period determined under subsection (2) must be of the same duration as the period that the Commissioner considers may not be suitable.