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FAMILY ASSISTANCE LEGISLATION AMENDMENT (MORE HELP FOR FAMILIES - INCREASED PAYMENTS) ACT 2004 NO. 59, 2004 - SCHEDULE 3

- Income taper

A New Tax System (Family Assistance) Act 1999

1 Clause 18 of Schedule 1 (step 5 of the method statement)

Omit "30%", substitute "20%".

2 Clause 32 of Schedule 1 (step 5 of the method statement)

Omit "30%", substitute "20%".

3 Application of amendments

The amendments made by this Schedule apply in relation to family tax benefit for the 2004-2005 income year or a later income year.



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