Families, Housing, Community Services and Indigenous Affairs and Other Legislation Amendment (2008 Budget and Other Measures) Act 2008 (63 of 2008)

Schedule 1   Income limit for family tax benefit Part B

Part 1   Main amendments

A New Tax System (Family Assistance) Act 1999

3   Subclause 3(2) of Schedule 3

Repeal the subclause, substitute:

(2) For the purposes of Part 4 of Schedule 1, if an individual is a member of a couple, the individual’s adjusted taxable income for an income year is:

(a) for the purposes of Subdivision AA of Division 1 of Part 4 of Schedule 1:

(i) the individual’s adjusted taxable income for that year; or

(ii) the adjusted taxable income for that year of the individual’s partner if it is more than the individual’s adjusted taxable income for that year; and

(b) for the purposes of the other provisions of Part 4 of Schedule 1:

(i) the individual’s adjusted taxable income for that year; or

(ii) the adjusted taxable income for that year of the individual’s partner if it is less than the individual’s adjusted taxable income for that year.