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Family Assistance and Other Legislation Amendment Bill 2011

Schedule 2 Indexation

   

A New Tax System (Family Assistance) Act 1999

1  Subclause 3(7) of Schedule 4

Omit “and 1 July 2011”, substitute “, 1 July 2011, 1 July 2012 and 1 July 2013”.

Note:       The heading to subclause 3(7) of Schedule 4 is altered by omitting “ and 1 July 2011 ” and substituting “ , 1 July 2011, 1 July 2012 and 1 July 2013 ”.

2  At the end of clause 3 of Schedule 4

Add:

No indexation of FTB gross supplement amount (A) and (B) on 1 July 2011, 1 July 2012 and 1 July 2013

             (8)  The FTB gross supplement amount (A) and the FTB gross supplement amount (B) are not to be indexed on 1 July 2011, 1 July 2012 and 1 July 2013.

Paid Parental Leave Act 2010

3  Section 30

Omit “30 June 2012”, substitute “30 June 2014”.

4  Paragraph 41(a)

Omit “1 July 2012”, substitute “1 July 2014”.

5  Subsection 42(1)

Omit “1 July 2012”, substitute “1 July 2014”.