A New Tax System (Family Assistance) (Administration) Act 1999

PART 3 - PAYMENT OF FAMILY ASSISTANCE (OTHER THAN CHILD CARE SUBSIDY AND ADDITIONAL CHILD CARE SUBSIDY)  

Division 1 - Family tax benefit  

Subdivision CB - Non-entitlement to FTB on estimated income basis  

SECTION 32AJ   Exception - new FTB child  

Scope

32AJ(1)    
This section applies if, on a day (the FTB child day ) after the later of the consecutive years:

(a) the individual has an FTB child; and

(b) the child was not an FTB child of the individual at any time during the consecutive years.

Trigger day is on or before exclusion day

32AJ(2)    
If the trigger day is on or before the exclusion day, subsection 32AF(2) is taken not to apply to the individual.

Trigger day is after exclusion day

32AJ(3)    
the trigger day is after the exclusion day, subsection 32AF(2) ceases to apply to the individual on and from the trigger day.

Trigger day for new FTB child

32AJ(4)    
In this section:

trigger day
means the later of:

(a) the earliest FTB child day; and

(b) 1 July of the income year the Secretary becomes aware of the existence of the FTB child.

Note:

For the meaning of consecutive year , see subsection 32AF(1) . For the meaning of exclusion day , see subsection 32AF(3) .