Budget Savings (Omnibus) Act 2016 (55 of 2016)

Schedule 21   Closing carbon tax compensation to new welfare recipients

Part 1   Energy supplement under the family assistance law

A New Tax System (Family Assistance) Act 1999

2   After subsection 58(2B)

Insert:

(2C) Paragraph (2)(b) does not apply in relation to an approved care organisation on or after the commencement of this subsection unless the organisation was entitled to be paid family tax benefit in respect of 19 September 2016.

(2D) If:

(a) the approved care organisation was entitled to be paid family tax benefit in respect of 19 September 2016; and

(b) the organisation ceases to be entitled to be paid family tax benefit in respect of a day on or after 20 September 2016;

then paragraph (2)(b) does not apply, and never again applies, to the organisation from:

(c) if the cessation occurred before the commencement of this subsection - the start of the day this subsection commences; or

(d) if the cessation occurred on or after the commencement of this subsection - the start of the day of that cessation.