Commonwealth Numbered Regulations

1988 No. 345 STUDENT ASSISTANCE REGULATIONS (AMENDMENT) - REG 5

5. (1) Regulation 29 of the Principal Regulations is amended by omitting

"section 21 of the Child Welfare Ordinance 1957" from subparagraph (a) (xi) of
the definition of "income" in subregulation (1) and substituting "section 98
of the Children's Services Ordinance 1986".

(2) Regulation 29 of the Principal Regulations is amended by inserting after
subregulation (1) the following subregulation:

"(1A) Notwithstanding the definition of 'income' in subregulation (1), where,
in respect of the spouse or a parent of a grantee who applied for Assistance
for a year earlier than 1988, an amount derived by the spouse or parent:

   (a)  is an amount to which section 36AAA of the Income Tax Assessment Act
        applies; and

   (b)  was:

        (i)    derived in a financial year ending in the year preceding the
               year for which the application was made; or

        (ii)   if the grantee sought to have regulation 41A or 42A apply in
               respect of that spouse or parent in the year for which the
               application was made-derived in the financial year ending in
               the year for which the application was made; that amount shall
               be disregarded when calculating the spouse's or parent's
               taxable income.".

(3) Regulation 29 of the Principal Regulations is amended by omitting from
paragraph (4E) (a) "Higher School Certificate in Victoria" and substituting

"Victorian Certificate of Education".