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1993 No. 367 AUSTUDY REGULATIONS (AMENDMENT) - REG 44
44. Regulation 96 (Concession to the spouse's income test: (b) fall in income)
44.1 Subregulation 96 (1): Omit the subregulation, substitute:
"(1) If the circumstances described in subregulation (4) apply to a student,
for the purposes of the calculation of the income of the student's spouse in
regulation 94:
(a) the income of the student's spouse is taken to be the amount of that
income in the financial year ending in the year of study; and
(b) the value of all fringe benefits received by the student's spouse is
taken to be the total value of those benefits that exceeds $1,000,
being fringe benefits that are:
(i) described in subregulation 94 (1C); and
(ii) received in the fringe benefits year ending in the year of
study.".
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