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

49   At the end of Subdivision C of Division 1A of Part 3

Add:

35UI Secondary study test

(1) This section sets out when an individual satisfies the secondary study test on a day (the relevant day ) that:

(a) is a bonus test day; or

(b) is in the current education period for a bonus test day; or

(c) is in the previous education period for a bonus test day.

(2) The individual satisfies the secondary study test on the relevant day if, on that day, the individual is undertaking full-time study in respect of a secondary course (within the meaning of subsection 543A(2AB) of the Social Security Act 1991).

(3) If the following apply:

(a) an instalment of pensioner education supplement under Part 2.24A of the Social Security Act 1991, or under the scheme known as the ABSTUDY scheme, has been paid in respect of the individual in respect of a period that included the bonus test day;

(b) the supplement is payable to the individual in respect of the bonus test day;

the individual satisfies the secondary study test on the relevant day if, on that day, the individual is undertaking study in respect of a course of education determined, under section 5D of the Student Assistance Act 1973, to be a secondary course for the purposes of that Act.