A NEW TAX SYSTEM (COMPENSATION MEASURES LEGISLATION AMENDMENT) ACT 1999 - SECT 1206GA 1 July 2000 increase in certain indexed and adjusted amounts

Commonwealth Consolidated Acts

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A NEW TAX SYSTEM (COMPENSATION MEASURES LEGISLATION AMENDMENT) ACT 1999 - SECT 1206GA

1 July 2000 increase in certain indexed and adjusted amounts

(1) This section applies to an amount (the base amount ) that is provided for in a provision listed in column 2 of Table A.

Note: Amounts provided for in provisions listed in Table A are amounts as altered from time to time under Divisions 2 and 4 of this Part (CPI indexation and other adjustments).

(2) This Act has effect as if, on 1 July 2000, the base amount were replaced by an amount (the replacement amount ) worked out by:

(a) calculating the amount (the provisional replacement amount ) that is 4% greater than the base amount; and

(b) rounding off the provisional replacement amount in accordance with section 1206GD, using the rounding base for the base amount (see column 4 of Table A).

Table A: Rates
Column 1 Item	Column 2 Provision providing for base amount	Column 3 Description of amount	Column 4 Rounding base for base amount
1	subsection 967(1)	child disability allowance	0.10
2	section 1010	double orphan pension	0.10
3	subsection 1044(1)	mobility allowance	0.10
4	subsection 1061S--table--column 3--all amounts except item 2	telephone allowance	0.80
5	point 1064‑C8--table--column 3--all amounts	pharmaceutical allowance	2.60
6	point 1065‑C8--table--column 3--all amounts	pharmaceutical allowance	2.60
7	point 1066‑C7--annual amount	pharmaceutical allowance	2.60
8	point 1066A‑B1--table--column 3--all amounts	pension maximum basic rates	2.60
9	point 1066A‑C1--annual amount	youth disability supplement	2.60
10	point 1066A‑D8--table--column 3--all amounts	pharmaceutical allowance	2.60
11	point 1066B‑B1--table--column 3--all amounts	pension maximum basic rates	2.60
12	point 1066B‑C1--annual amount	youth disability supplement	2.60
13	point 1066B‑D8--table--column 3--all amounts	pharmaceutical allowance	2.60
14	point 1067G‑B2--table--column 3--all amounts	youth allowance maximum basic rates (people who are not independent)	0.10
15	point 1067G‑B3--table--column 3--all amounts	youth allowance maximum basic rates (people who are independent)	0.10
16	point 1067G‑B4--table--column 3--all amounts	youth allowance maximum basic rates (long term income support students)	0.10
17	point 1067G‑C3--table--column 3--all amounts	pharmaceutical allowance	0.10
18	point 1067L‑B2--table--column 3--all amounts	austudy payment maximum basic rate (person not long term income support student)	0.10
19	point 1067L‑B3	austudy payment maximum basic rate (long term income support student)	0.10
20	point 1067L‑C3--table--column 3--all amounts	pharmaceutical allowance	0.10
21	point 1068‑B1--table--column 3--all amounts	benefit maximum basic rates	0.10
22	point 1068‑D10--table--column 3--all amounts	pharmaceutical allowance	0.10
23	point 1068A‑C7--annual amount	pharmaceutical allowance	2.60
24	point 1068B‑B6	parenting payment maximum basic component	0.10
25	point 1068B‑C2--table--column 3--all amounts	parenting payment maximum basic rate	0.10
26	point 1068B‑E8--table--column 3--all amounts	pharmaceutical allowance	0.10

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