A New Tax System (Family Assistance) Act 1999

Sch 1 Div 2AA heading substituted by No 122 of 2014, s 3 and Sch 1 item 162, effective 20 September 2014. For application and transitional provision, see note under Sch 1 cl 24HA . Div 2AA heading formerly read:

Division 2AA - Clean energy supplement (Part A)

Sch 1 Div 2AA inserted by No 141 of 2011, s 3 and Sch 2 item 28, applicable in relation to the 2013-14 income year and later income years.

Sch 1 Div 2AA Subdiv B heading substituted by No 122 of 2014, s 3 and Sch 1 item 176, effective 20 September 2014. For application and transitional provision, see note under Sch 1 cl 24HA . Subdiv B heading formerly:

Subdivision B - Clean energy supplement (Part A - Method 2)

Sch 1 Div 2AA Subdiv B inserted by No 141 of 2011, s 3 and Sch 2 item 28, applicable in relation to the 2013-14 income year and later income years.

Sch 1 cl 38AF(1) amended by No 55 of 2016, s 3 and Sch 21 item 25, by inserting the note at the end, effective 20 March 2017.

Sch 1 cl 38AF(1) amended by No 122 of 2014, s 3 and Sch 1 items 178 and 179, by substituting " energy supplement " for " clean energy supplement " and " FTB energy child amounts " for " FTB clean energy child amounts " , effective 20 September 2014. For application and transitional provision, see note under Sch 1 cl 24HA .

Sch 1 cl 38AF(1) substituted by No 98 of 2012, s 3 and Sch 3 item 19, applicable in relation to the 2013-14 income year and later income years. Cl 38AF(1) formerly read:

(1)
The amount of the clean energy supplement (Part A) to be added in working out an individual ' s Method 2 base rate under clause 25 is worked out using the following table. Work out which category applies to each FTB child of the individual. Subject to clause 38AG, the FTB clean energy child amount is the amount worked out under subclause (2). The clean energy supplement (Part A) is the sum of the FTB clean energy child amounts.

Clean energy supplement (Part A - Method 2)
Item	Category of FTB child
1	FTB child who has not turned 18, or who has turned 18 and who is a senior secondary school child
2	FTB child who has turned 18 and who is not a senior secondary school child

Sch 1 cl 38AF(2) substituted by No 122 of 2014, s 3 and Sch 1 item 180, effective 20 September 2014. For application and transitional provision, see note under Sch 1 cl 24HA . Cl 38AF(2) formerly read:

(2)
For the purposes of subclause (1), the FTB clean energy child amount , for an FTB child of the individual, is worked out as follows: Method statement

Step 1.

Work out the amount applicable on 1 July 2013 under subclause 26(2).

Step 2.

Work out the FTB gross supplement amount on 1 July 2013 under subclause 38A(3).

Step 3.

Work out the sum of the amounts at steps 1 and 2.

Step 4.

Multiply the amount at step 3 by 0.017.

Step 5.

Round the amount at step 4 to the nearest multiple of $3.65 (rounding up if necessary): the result is the FTB clean energy child amount .

Sch 1 cl 38AF(2) amended by No 98 of 2012, s 3 and Sch 3 items 20 and 21, by substituting " for an FTB child of the individual " for " in relation to an item in the table in subclause (1) " and substituting step 1 of the method statement, applicable in relation to the 2013-14 income year and later income years. Step 1 formerly read:

Step 1. Work out the amount applicable on 1 July 2013 under:

(a) for item 1 of that table - paragraph 26(2)(a); or

(b) for item 2 of that table - paragraph 26(2)(b).

Sch 1 cl 38AF(3) amended by No 70 of 2013, s 3 and Sch 3 item 65, by omitting " after the end of the quarter " in the note, effective 1 July 2013.

Sch 1 cl 38AF inserted by No 141 of 2011, s 3 and Sch 2 item 28, applicable in relation to the 2013-14 income year and later income years.