A New Tax System (Family Assistance) Act 1999
Add together the amounts applicable under this section for each eligible child
97(1)
The amount of the back to school bonus to the entitled individual is worked out by adding together the amounts applicable under this section for each eligible child.
Amount is $950 unless another subsection applies
97(2)
Subject to this section, the amount applicable for an eligible child is $950.
Reduced amount if applicable rate took account of an individual's shared care percentage
97(3)
If the applicable rate (see section 95 ) took account of a shared care percentage in relation to an eligible child, the amount applicable for the eligible child is that percentage of $950.
Reduced amount if applicable rate took account of a section 28 percentage determination
97(4)
If the applicable rate (see section 95 ) took account of a determination under section 28 of a particular percentage in relation to one or more FTB children (being an eligible child or eligible children) - the amount applicable for the eligible child, or for each of those eligible children, is:
(a) unless paragraph (b) applies - that percentage of $950; or
(b) if subsection (3) also applies in relation to the eligible child - that percentage of the amount worked out under subsection (3) for the eligible child.
Reduced amount if applicable rate took account of a section 29 percentage determination
97(5)
If the applicable rate (see section 95 ) took account of a determination under section 29 of a particular percentage in relation to one or more FTB children (being an eligible child or eligible children) - the amount applicable for the eligible child, or for each of those eligible children, is:
(a) unless paragraph (b) applies - that percentage of $950; or
(b) if subsection (3) also applies in relation to the eligible child - that percentage of the amount worked out under subsection (3) for the eligible child.
Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited
CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.
The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.