Fairer Private Health Insurance Incentives (Medicare Levy Surcharge) Act 2012 (27 of 2012)

Schedule 1   Amendments

Medicare Levy Act 1986

10   At the end of section 8C

Add:

(4) Increase the amount of each percentage mentioned in subsection (3) by 0.25 of a percentage point if the person is a tier 2 earner for the year of income.

(5) Increase the amount of each percentage mentioned in subsection (3) by 0.5 of a percentage point if the person is a tier 3 earner for the year of income.