Coronavirus Economic Response Package (Payments and Benefits) Amendment Rules (No. 2) 2020 (F2020L00546)
Schedule 1 Amendments
Part 3 Application and transitional provisions
Coronavirus Economic Response Package (Payments and Benefits) Rules 2020
46 At the end of the instrument
Add:
Part 10 - Application, saving and transitional provisions
Division 1 - Application and transitional provisions relating to the Coronavirus Economic Response Package (Payments and Benefits) Amendment Rules (No. 2) 2020
100 Definitions
In this Division:
amending instrument means the Coronavirus Economic Response Package (Payments and Benefits) Amendment Rules (No. 2) 2020.
commencement time means the time when the amending instrument commences.
101 Application
Subject to sections 102 and 103, the amendments made by Parts 1 and 2 of Schedule 1 to the amending instrument apply in relation to jobkeeper fortnights beginning on or after 30 March 2020.
102 Application - individuals aged 16 or 17 years on 1 March 2020
The amendments of sections 9 and 12 made by items 11, 12, 14 and 15 of Schedule 1 to the amending instrument apply in relation to jobkeeper fortnights beginning at or after the commencement time.
103 Application - nomination requirements for business participants
The amendment of subsection 12(4) made by item 37 of Schedule 1 to the amending instrument applies in relation to nomination notices given at or after the commencement time.
104 Transitional - time required for election
If an entity notifies the Commissioner that the entity elects to participate in the jobkeeper scheme before the commencement time, paragraph 8(9)(b) applies to the entity as if a reference in that paragraph to "within 7 days of notifying the Commissioner of the entity's election to participate in the jobkeeper scheme" were instead a reference to "within 7 days of the commencement of this subsection".
105 Transitional - requirement to give employees notice of election to participate
(1) If an entity notifies the Commissioner that the entity elects to participate in the jobkeeper scheme before the commencement time, paragraph 10A(2)(a) applies to the entity as if a reference in that paragraph to "within 7 days of the entity notifying the Commissioner of the entity's election to participate" were instead a reference to "no later than 7 days after the commencement of this section".
(2) An entity is not required to give a notice to an individual under section 10A if the entity reasonably believes that, on 1 March 2020:
(a) the individual was aged 16 or 17 years; and
(b) the individual was:
(i) undertaking full-time study (within the meaning of the Social Security Act 1991); and
(ii) not independent within the meaning of section 1067A of that Act.
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).