Coronavirus Economic Response Package (Payments and Benefits) Amendment Rules (No. 8) 2020 (F2020L01165)

Schedule 1   Amendments

Part 3   Payment rate

Coronavirus Economic Response Package (Payments and Benefits) Rules 2020

35   Section 13

Repeal the section, substitute:

13 Amount of the jobkeeper payment for a fortnight

The amount of an entity's jobkeeper payment for an individual for a fortnight is:

(a) for a fortnight beginning before 28 September 2020 - $1,500; or

(b) for a fortnight beginning on or after 28 September 2020 - the amount determined under the following table.

Jobkeeper payment rate

   

Item

If the fortnight begins:

The amount of a jobkeeper payment for an individual is:

1

before 4 January 2021

(a) if the higher rate applies to the individual - $1,200; or

(b) if the lower rate applies to the individual - $750

2

on or after 4 January 2021

(a) if the higher rate applies to the individual - $1,000; or

(b) if the lower rate applies to the individual - $650

Note: For whether the higher rate or the lower rate applies to the individual, see section 9A (for an eligible employee), 12AA (for an eligible business participant) or 12BA (for an eligible religious practitioner).