House debates

Monday, 23 June 2008

Tax Laws Amendment (2008 Measures No. 2) Bill 2008

Consideration of Senate Message

Consideration resumed from 18 June.

Senate’s amendments—

(1)    Clause 2, page 2 (table item 7), omit “9 to 11”, substitute “9 to 13”.

(2)    Page 38 (after line 20), at the end of the bill, add:

Schedule 12—Austudy rent assistance

Income Tax Assessment Act 1997

1  Section 52-15 (cell at table item 4, column headed “the supplementary amount is the total of:”)

Repeal the cell, substitute:

(a)    so much of the payment as is included by way of rental assistance; and

(b)    so much of the payment as is included by way of remote area allowance; and

(c)    so much of the payment as is included by way of pharmaceutical allowance

2  Application

The amendment made by this Schedule applies to assessments for the 2007-08 income year and later income years.

(3)    Page 38 (after line 20), at the end of the bill, add:

Schedule 13—Carer adjustment payments

Income Tax Assessment Act 1997

1  Section 11-15 (table item headed “social security or like payments”)

After:

ABSTUDY scheme, payment under...

Subdivision 52-E

insert:

carer adjustment payment..............

53-10

2  Section 53-10 (table item 1)

Repeal the item, substitute:

1

Carer adjustment payment

The power of the Commonwealth to make ex-gratia payments

None

2

Disability services payment

Part III of the Disability Services Act 1986

None

3  Application

The amendments made by this Schedule apply to assessments for the 2007-08 income year and later years.

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