Families, Housing, Community Services and Indigenous Affairs and Other Legislation Amendment (2008 Budget and Other Measures) Act 2008 (63 of 2008)

Schedule 2   Baby bonus

Part 1   Income limit for baby bonus

A New Tax System (Family Assistance) Act 1999

6   At the end of subsection 36(3)

Add:

; and (e) the claim for payment of baby bonus contains an estimate of the sum of:

(i) the individual’s adjusted taxable income; and

(ii) if the individual is a member of a couple on the day the claim is made - the adjusted taxable income of the individual’s partner;

for the period of 6 months beginning on the day the child is entrusted to care as mentioned in paragraph (b); and

(f) that estimate is less than or equal to $75,000 and the Secretary considers that estimate to be reasonable.