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A NEW TAX SYSTEM (COMPENSATION MEASURES LEGISLATION AMENDMENT) ACT 1999 - SECT 3

Schedule(s)

                   Subject to section 2, each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.

Schedule 1 -- Social Security Act 1991

Part 1 -- Increases to rates and free areas

1  Section 556A

Omit "$20.00", substitute "$20.80".

2  Section 644AAA

Omit "$20.00", substitute "$20.80".

3  Section 662

Omit "$100", substitute "$104".

4  Section 664AAB

Omit "$100.00", substitute "$104".

5  Section 664AB

Omit "$100.00", substitute "$104".

6  Section 664B

Omit "$100.00", substitute "$104".

7  Section 664D

Omit "$300", substitute "$312".

8  Section 664F

Omit "$100", substitute "$104".

9  Section 664FB

Omit "$300", substitute "$312".

10  Section 664H

Omit "$100", substitute "$104".

11  Section 664HB

Omit "$100.00", substitute "$104".

12  Section 664J

Omit "$100", substitute "$104".

13  Section 665B

Omit "$200", substitute "$208".

14  Section 665F

Omit "$200", substitute "$208".

15  Section 665J

Omit "$200", substitute "$208".

16  Section 665N

Omit "$200", substitute "$208".

17  Section 665V

Omit "$200", substitute "$208".

18  Section 665Z

Omit "$200.00", substitute "$208".

19  Section 665ZD

Omit "$200.00", substitute "$208".

20  Section 665ZFB

Omit "$200", substitute "$208".

21  Section 665ZH

Omit "$200", substitute "$208".

22  Section 665ZM

Omit "$200", substitute "$208".

23  Section 665ZR

Omit "$200.00", substitute "$208".

24  Section 665ZV

Omit "$200.00", substitute "$208".

25  Paragraph 900F(2)(a)

Omit "$750", substitute "$780".

26  At the end of paragraph 900F(2)(b)

Add "exceeds $780--2.4 times the amount so stated".

27  Paragraph 900GA(1)(a)

Omit "$200", substitute "$208".

28  At the end of paragraph 900GA(1)(b)

Add "exceeds $208--0.6 times the amount so stated".

29  Paragraph 1061F(1)(b)

Omit "$20.00", substitute "$20.50".

30  Section 1061PZG

Omit "$60.00", substitute "$62.40".

31  Subparagraph 1064(5)(c)(ii)

Omit "$3,122.60", substitute "$3,247.40".

32  Paragraph 1064(5)(d)

Omit "$3,122.60", substitute "$3,247.40".

33  Subsection 1064(6)

Omit "$3,122.60", substitute "$3,247.40".

34  Point 1064‑A1 (method statement, after step 1)

Insert:

Step 1A . Work out the amount of pension supplement using Module BA below.

35  Point 1064‑A1 (method statement, step 4)

After "1,", insert "1A,".

36  Section 1064 (after Module B)

Insert:

Module BA -- Pension supplement

Pension supplement

  1064‑BA1  The amount of a person's pension supplement depends on the person's maximum basic rate. There is a pension supplement amount for each maximum basic rate listed in the table in point 1064‑B1.

Amount of pension supplement

  1064‑BA2  The amount of a person's pension supplement is worked out by:

                     (a)  calculating the amount (the provisional supplement amount ) that is 4% of the person's 1 July 2000 maximum basic rate; and

                     (b)  rounding off the provisional supplement amount in accordance with points 1064‑BA4 to 1064‑BA6.

Note:          The pension supplement amounts are indexed 6 monthly in line with CPI increases (see sections 1191 to 1194).

  1064‑BA3  A person's 1 July 2000 maximum basic rate is the maximum basic rate that would have been the person's maximum basic rate if the rate had not changed since 1 July 2000.

Rounding off of provisional supplement amount

  1064‑BA4  If a provisional supplement amount is a multiple of $2.60, the amount of the pension supplement is the provisional supplement amount.

  1064‑BA5  If a provisional supplement amount is not a multiple of $2.60, the amount of the pension supplement is the provisional supplement amount rounded up or down to the nearest multiple of $2.60.

  1064‑BA6  If a provisional supplement amount is not a multiple of $2.60, but is a multiple of $1.30, the amount of the pension supplement is the provisional supplement amount rounded up to the nearest multiple of $2.60.

37  Point 1064‑E4 (table)

Omit "$624" (wherever occurring), substitute "$639.60".

38  Point 1064‑E4 (table)

Omit "$312", substitute "$319.80".

39  Point 1064‑E4 (table)

Omit "$24" (wherever occurring), substitute "$24.60".

40  Point 1064‑E4 (table)

Omit "$12", substitute "$12.30".

41  Point 1064‑H2 (table)

Omit "$455.00" (wherever occurring), substitute "$473.20".

42  Point 1064‑H2 (table)

Omit "$390.00", substitute "$405.60".

43  Point 1064‑H2 (table)

Omit "$17.50" (wherever occurring), substitute "$18.20".

44  Point 1064‑H2 (table)

Omit "$15.00", substitute "$15.60".

45  Point 1064‑H2 (table)

Omit "$182.00" (wherever occurring), substitute "$189.80".

46  Point 1064‑H2 (table)

Omit "$7.00" (wherever occurring), substitute "$7.30".

47  Subparagraph 1065(4)(c)(ii)

Omit "$3,122.60", substitute "$3,247.40".

48  Paragraph 1065(4)(d)

Omit "$3,122.60", substitute "$3,247.40".

49  Subsection 1065(5)

Omit "$3,122.60", substitute "$3,247.40".

50  Point 1065‑A1 (method statement, after step 2)

Insert:

Step 2A . Work out the amount of pension supplement using Module BA below.

51  Point 1065‑A1 (method statement, step 4)

After "2", insert ", 2A".

52  Section 1065 (after Module B)

Insert:

Module BA -- Pension supplement

Pension supplement

  1065‑BA1  The amount of a person's pension supplement depends on the person's maximum basic rate. There is a pension supplement amount for each maximum basic rate listed in the table in point 1065‑B1.

Amount of pension supplement

  1065‑BA2  The amount of a person's pension supplement is worked out by:

                     (a)  calculating the amount (the provisional supplement amount ) that is 4% of the person's 1 July 2000 maximum basic rate; and

                     (b)  rounding off the provisional supplement amount in accordance with points 1065‑BA4 to 1065‑BA6.

Note:          The pension supplement amounts are indexed 6 monthly in line with CPI increases (see sections 1191 to 1194).

  1065‑BA3  A person's 1 July 2000 maximum basic rate is the maximum basic rate that would have been the person's maximum basic rate if the rate had not changed since 1 July 2000.

Rounding off of provisional supplement amount

  1065‑BA4  If a provisional supplement amount is a multiple of $2.60, the amount of the pension supplement is the provisional supplement amount.

  1065‑BA5  If a provisional supplement amount is not a multiple of $2.60, the amount of the pension supplement is the provisional supplement amount rounded up or down to the nearest multiple of $2.60.

  1065‑BA6  If a provisional supplement amount is not a multiple of $2.60, but is a multiple of $1.30, the amount of the pension supplement is the provisional supplement amount rounded up to the nearest multiple of $2.60.

53  Point 1065‑E2 (table)

Omit "$455.00" (wherever occurring), substitute "$473.20".

54  Point 1065‑E2 (table)

Omit "$390.00", substitute "$405.60".

55  Point 1065‑E2 (table)

Omit "$17.50" (wherever occurring), substitute "$18.20".

56  Point 1065‑E2 (table)

Omit "$15.00", substitute "$15.60".

57  Point 1065‑E2 (table)

Omit "$182.00" (wherever occurring), substitute "$189.80".

58  Point 1065‑E2 (table)

Omit "$7.00" (wherever occurring), substitute "$7.30".

59  Point 1066‑A1 (method statement, after step 1)

Insert:

Step 1A . Work out the amount of pension supplement using Module BA below.

60  Point 1066‑A1 (method statement, step 4)

After "1,", insert "1A,".

61  Section 1066 (after Module B)

Insert:

Module BA -- Pension supplement

Pension supplement

  1066‑BA1  The amount of a person's pension supplement depends on the person's maximum basic rate.

Amount of pension supplement

  1066‑BA2  The amount of a person's pension supplement is worked out by:

                     (a)  calculating the amount (the provisional supplement amount ) that is 4% of the person's 1 July 2000 maximum basic rate; and

                     (b)  rounding off the provisional supplement amount in accordance with points 1066‑BA4 to 1066‑BA6.

Note:          The pension supplement amount is indexed 6 monthly in line with CPI increases (see sections 1191 to 1194).

  1066‑BA3  A person's 1 July 2000 maximum basic rate is the maximum basic rate that would have been the person's maximum basic rate if the rate had not changed since 1 July 2000.

Rounding off of provisional supplement amount

  1066‑BA4  If a provisional supplement amount is a multiple of $2.60, the amount of the pension supplement is the provisional supplement amount.

  1066‑BA5  If a provisional supplement amount is not a multiple of $2.60, the amount of the pension supplement is the provisional supplement amount rounded up or down to the nearest multiple of $2.60.

  1066‑BA6  If a provisional supplement amount is not a multiple of $2.60, but is a multiple of $1.30, the amount of the pension supplement is the provisional supplement amount rounded up to the nearest multiple of $2.60.

62  Point 1066‑E4 (table)

Omit "$624", substitute "$639.60".

63  Point 1066‑E4 (table)

Omit "$24", substitute "$24.60".

64  Point 1066‑H2 (table)

Omit "$455.00" (wherever occurring), substitute "$473.20".

65  Point 1066‑H2 (table)

Omit "$390.00", substitute "$405.60".

66  Point 1066‑H2 (table)

Omit "$17.50" (wherever occurring), substitute "$18.20".

67  Point 1066‑H2 (table)

Omit "$15.00", substitute "$15.60".

68  Point 1066‑H2 (table)

Omit "$182.00" (wherever occurring), substitute "$189.80".

69  Point 1066‑H2 (table)

Omit "$7.00" (wherever occurring), substitute "$7.30".

70  Point 1066A‑F3 (table)

Omit "$624" (wherever occurring), substitute "$639.60".

71  Point 1066A‑F3 (table)

Omit "$312", substitute "$319.80".

72  Point 1066A‑F3 (table)

Omit "$24" (wherever occurring), substitute "$24.60".

73  Point 1066A‑F3 (table)

Omit "$12", substitute "$12.30".

74  Point 1066A‑I2 (table)

Omit "$455.00" (wherever occurring), substitute "$473.20".

75  Point 1066A‑I2 (table)

Omit "$390.00", substitute "$405.60".

76  Point 1066A‑I2 (table)

Omit "$17.50" (wherever occurring), substitute "$18.20".

77  Point 1066A‑I2 (table)

Omit "$15.00", substitute "$15.60".

78  Point 1066A‑I2 (table)

Omit "$182.00" (wherever occurring), substitute "$189.80".

79  Point 1066A‑I2 (table)

Omit "$7.00" (wherever occurring), substitute "$7.30".

80  Point 1066B‑F2 (table)

Omit "$455.00" (wherever occurring), substitute "$473.20".

81  Point 1066B‑F2 (table)

Omit "$390.00", substitute "$405.60".

82  Point 1066B‑F2 (table)

Omit "$17.50" (wherever occurring), substitute "$18.20".

83  Point 1066B‑F2 (table)

Omit "$15.00", substitute "$15.60".

84  Point 1066B‑F2 (table)

Omit "$182.00" (wherever occurring), substitute "$189.80".

85  Point 1066B‑F2 (table)

Omit "$7.00" (wherever occurring), substitute "$7.30".

86  Paragraphs 1067G‑F23(a) and (b)

Omit "$3,700", substitute "$3,792".

87  Paragraph 1067G‑F23(c)

Omit "$1,200", substitute "$1,230".

88  Paragraph 1067G‑F23(d)

Omit "$2,500", substitute "$2,562".

89  Point 1067G‑F24

Omit "$7,400", substitute "$7,585".

90  Paragraph 1067G‑H29(a)

Omit "$230", substitute "$236".

91  Paragraph 1067G‑H29(b)

Omit "$60", substitute "$62".

92  Point 1067G‑H33 (example)

Repeal the example.

93  Point 1067G‑J4

Omit "$230" (wherever occurring), substitute "$236".

94  Point 1067G‑J5

Omit "$230" (wherever occurring), substitute "$236".

95  Point 1067G‑K2 (table)

Omit "$17.50" (wherever occurring), substitute "$18.20".

96  Point 1067G‑K2 (table)

Omit "$15.00", substitute "$15.60".

97  Point 1067G‑K2 (table)

Omit "$7.00" (wherever occurring), substitute "$7.30".

98  Point 1067L‑D28

Omit "$230", substitute "$236".

99  Point 1067L‑D32 (example)

Repeal the example.

100  Point 1067L‑E3

Omit "$230" (wherever occurring), substitute "$236".

101  Point 1067L‑E4

Omit "$230" (wherever occurring), substitute "$236".

102  Point 1067L‑F2 (table)

Omit "$17.50" (wherever occurring), substitute "$18.20".

103  Point 1067L‑F2 (table)

Omit "$15.00", substitute "$15.60".

104  Point 1067L‑F2 (table)

Omit "$7.00" (wherever occurring), substitute "$7.30".

105  Paragraph 1068(3)(d)

Omit "$120.10" (wherever occurring), substitute "$124.90".

106  Paragraph 1068(3)(e)

Omit "$120.10", substitute "$124.90".

107  Point 1068‑G12

Omit "$60", substitute "$62".

108  Point 1068‑G16 (example)

Repeal the example.

109  Point 1068‑J3 (table)

Omit "$17.50" (wherever occurring), substitute "$18.20".

110  Point 1068‑J3 (table)

Omit "$15.00", substitute "$15.60".

111  Point 1068‑J3 (table)

Omit "$7.00" (wherever occurring), substitute "$7.30".

112  Point 1068A‑A1 (method statement, after step 1)

Insert:

Step 1A . Work out the amount of pension supplement using Module BA below.

113  Point 1068A‑A1 (method statement, step 4)

After "1,", insert "1A,".

114  Section 1068A (after Module B)

Insert:

Module BA -- Pension supplement

Pension supplement

1068A‑BA1 The amount of a person's pension supplement depends on the person's maximum basic rate.

Amount of pension supplement

1068A‑BA2 The amount of a person's pension supplement is worked out by:

                     (a)  calculating the amount (the provisional supplement amount ) that is 4% of the person's 1 July 2000 maximum basic rate; and

                     (b)  rounding off the provisional supplement amount in accordance with points 1068A‑BA4 to 1068A‑BA6.

Note:          The pension supplement amount is indexed 6 monthly in line with CPI increases (see sections 1191 to 1194).

1068A‑BA3 A person's 1 July 2000 maximum basic rate is the maximum basic rate that would have been the person's maximum basic rate if the rate had not changed since 1 July 2000.

Rounding off of provisional supplement amount

1068A‑BA4 If a provisional supplement amount is a multiple of $2.60, the amount of the pension supplement is the provisional supplement amount.

1068A‑BA5 If a provisional supplement amount is not a multiple of $2.60, the amount of the pension supplement is the provisional supplement amount rounded up or down to the nearest multiple of $2.60.

1068A‑BA6 If a provisional supplement amount is not a multiple of $2.60, but is a multiple of $1.30, the amount of the pension supplement is the provisional supplement amount rounded up to the nearest multiple of $2.60.

115  Point 1068A‑E14 (table)

Omit "$624", substitute "$639.60".

116  Point 1068A‑E14 (table)

Omit "$24", substitute "$24.60".

117  Point 1068A‑E18 (example)

Repeal the example.

118  Point 1068A‑F2 (table)

Omit "$455.00", substitute "$473.20".

119  Point 1068A‑F2 (table)

Omit "$17.50", substitute "$18.20".

120  Point 1068A‑F2 (table)

Omit "$182.00", substitute "$189.80".

121  Point 1068A‑F2 (table)

Omit "$7.00", substitute "$7.30".

122  Point 1068B‑D27

Omit "$60", substitute "$62".

123  Point 1068B‑D31 (example)

Repeal the example.

124  Point 1068B‑D32 (example)

Repeal the example.

125  Point 1068B‑G2 (table)

Omit "$15.00", substitute "$15.60".

126  Point 1068B‑G2 (table)

Omit "$17.50" (wherever occurring), substitute "$18.20".

127  Point 1068B‑G2 (table)

Omit "$7.00" (wherever occurring), substitute "$7.30".

128  Point 1071‑12 (table)

Omit "$40,000" (wherever occurring), substitute "$41,000".

129  Point 1071‑12 (table)

Omit "$33,500", substitute "$34,338".

130  Point 1071‑12 (table)

Omit "$36,698", substitute "$37,615".

131  Point 1071‑12 (table)

Omit "$624" (wherever occurring), substitute "$639.60".

132  Section 1190 (after table item 1)

Insert:

 

1AA.

Pension supplement

pension supplement

[Pension Rate Calculator A--point 1064‑BA2--all amounts]

[Pension Rate Calculator B--point 1065‑BA2--all amounts]

[Pension Rate Calculator C--point 1066‑BA2]

[Parenting Payment Rate Calculator--point 1068A‑BA2]

133  Subsection 1191(1) (after table item 1)

Insert:

 

1A.

pension supplement

(a) 20 March

(b) 20 September

(a) 20 December

(b) 20 June

highest June or December quarter before reference quarter (but not earlier than June quarter 1979)

$2.60

134  Subsection 1192(2) (note)

Omit "Note", substitute "Note 1".

135  At the end of subsection 1192(2)

Add:

Note 2:       On the indexation days following 19 March 2001, the indexation of amounts that were increased by 4% or 10% on 1 July 2000 may be affected by section 1206GB.

136  At the end of Part 3.16

Add:



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