Budget Savings (Omnibus) Act 2016 (55 of 2016)
Schedule 21 Closing carbon tax compensation to new welfare recipients
Part 1 Energy supplement under the family assistance law
A New Tax System (Family Assistance) Act 1999
22 At the end of Subdivision B of Division 1 of Part 4 of Schedule 1
Add:
29D Energy supplement
(1) Paragraph 29A(2)(c) of this Schedule does not apply to an individual on or after the commencement of this clause unless:
(a) the individual was entitled to be paid family tax benefit in respect of 19 September 2016; and
(b) the individual's Part A rate of family tax benefit in respect of 19 September 2016 was not worked out under Part 3A of this Schedule.
(2) However, if:
(a) the individual ceases to be entitled to be paid family tax benefit in respect of a day (the applicable day ) on or after 20 September 2016; or
(b) the individual's Part A rate of family tax benefit is worked out under Part 3A of this Schedule in respect of a day (the applicable day ) on or after 20 September 2016;
then paragraph 29A(2)(c) of this Schedule does not apply, and never again applies, to the individual from:
(c) if the applicable day is before the commencement of this clause - the start of the day this clause commences; or
(d) if the applicable day is on or after the commencement of this clause - the start of the applicable day.
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).