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

1 July 2000 increase in rent assistance amounts

             (1)  This section applies to an amount (the base amount ) of rent assistance 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 Division 2 of this Part (CPI indexation).

             (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 10% 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 3 of Table A).

Table A: Rates

 

 

Column 1

Item

Column 2

Provision providing for base amount

Column 3

Rounding base for base amount

1

point 1064‑D5--table--column 4--all amounts

5.20

2

point 1066‑D4--table--column 2

5.20

3

point 1066A‑EA12--table--column 4--all amounts

5.20

4

point 1066A‑EB13--table--column 4--all amounts

5.20

5

point 1067G‑D6--table--column 4--all amounts

0.20

6

point 1068‑F15--table--column 4--all amounts

0.20

7

point 1068A‑D3--table--column 3

5.20

8

point 1068B‑F6--table--column 4--all amounts

0.20

9

point 1069‑E4--table--column 4--all amounts

0.20


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