Social Security and Other Legislation Amendment (Further 2012 Budget and Other Measures) Act 2012 (154 of 2012)

Schedule 5   Schoolkids bonus

A New Tax System (Family Assistance) Act 1999

1   Subsection 3(1)

Insert:

current education period :

(a) for a bonus test day that is a 1 January - means the period beginning on the bonus test day and ending on the next 30 June; and

(b) for a bonus test day that is a 30 June - means the period beginning on the day after the bonus test day and ending on the next 31 December.