Tax Laws Amendment (2009 Measures No. 1) Act 2009 (27 of 2009)

Schedule 3   Reforms to income tests

Part 3   Amendment of income tests

Medicare Levy Act 1986

56   Subsection 8D(5)

Repeal the subsection, substitute:

(5) In this section:

income for surcharge purposes , in relation to the person’s spouse, includes any share in the net income of a trust estate:

(a) to which the spouse is presently entitled as a beneficiary; and

(b) in respect of which the trustee of the trust estate in that capacity is liable to be assessed under section 98 of the Assessment Act.

Note: The heading to section 8E is altered by omitting “ Increase in levy ” and substituting “ Levy surcharge ”.