Family Assistance and Other Legislation Amendment Act 2013 (70 of 2013)

Schedule 2A   Replacement of baby bonus from 1 March 2014

Part 2   Stillborn baby payment

A New Tax System (Family Assistance) Act 1999

22   Division 2 of Part 4

Repeal the Division, substitute:

Division 2 - Stillborn baby payment

66 Amount of stillborn baby payment

General rule

(1) Subject to this section, the amount of a stillborn baby payment for an individual in respect of a child is as follows:

(a) if the child is the first stillborn child of the woman who gave birth to the child - the amount worked out using the formula:

Higher newborn supplement amount + Newborn upfront amount

(b) otherwise - the amount worked out using the formula:

Lower newborn supplement amount + Newborn upfront amount

Multiple children case

(2) If 2 or more children are born during the same multiple birth and there is at least one stillborn child, the amount of stillborn baby payment for an individual in respect of each stillborn child born during that birth is the amount worked out using the formula:

Higher newborn supplement amount + Newborn upfront amount

Definitions

(3) In this section:

higher newborn supplement amount means the dollar amount mentioned in the formula under paragraph 35B(1)(a) of Schedule 1 (including that amount as indexed).

lower newborn supplement amount means the dollar amount mentioned in the formula under paragraph 35B(1)(d) of Schedule 1 (including that amount as indexed).

newborn upfront amount means the amount mentioned in subsection 58AA(1) (including that amount as indexed).