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INCOME TAX AMENDMENT REGULATIONS 2002 (NO. 2) 2002 NO. 45 - SCHEDULE 1
Amendments
(regulation 3)
[1] Regulation 150AA, definitions of equivalent circumstances
income limit and rebate amount
omit
[2] Subregulations 150AB (1), (2)
and (2A)
substitute
- (1)
- For subsection 160AAAA (3) or 160AAAB (3)
of the Act, the amount mentioned is:
![](../images/2002No45_1202.gif)
- (2)
- A taxpayer's rebate amount for a
year of income is the amount in the relevant item in the following table:
Item
| Class of person
| Rebate amount
|
---|
1
| Single person
| $2 230
|
2
|
Member of a couple
| $1 602
|
3
| Member of an illness-separated couple
|
$2 040
|
(2A) For subregulation (2):
"member of a couple" means a person (other than
a member of an illness-separated couple) who, at any time in the year of
income, was the spouse of another person.
"member of an illness-separated couple "means a person who, at any time in the
year of income:
- (a)
- is entitled to receive an illness-separated-rate social security pension
or illness-separated-rate service pension; or
- (b)
- is the spouse of another person from whom the spouse is separated in
circumstances in which, if the spouse was otherwise entitled to receive a
partnered-rate social security pension, the spouse would be entitled to
receive an illness-separated-rate social security pension.
"single person" means a person who, at any time in the year of income is not
the spouse of another person.
- (2B)
- If, in a year of income, more than one item in the table in subregulation
- (2)
- applies to a taxpayer, the taxpayer's rebate amount is the amount that
gives the taxpayer the greatest rebate entitlement.
[3] Subregulation
150AB (3) , definition of rebate amount
omit
subregulations (2) and
(2A).
insert
subregulation (2).
[4] Regulation 150AC
omit
[5]
Subregulations 150AE (8) and (9)
omit
[6] Subregulations 150AF (8)
and (9)
omit
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