Child Support Amendment Act 2001

1: Title
1: This Act is the Child Support Amendment Act 2001.
2: In this Act, the Child Support Act 1991 the principal Act
2: Commencement
Except as provided in section 3(5)
3: Remedial amendments relating to relevant income year for assessments of child support
1: Section 2(1)
a: omitting from paragraph (a) last relevant income year source deduction payments withholding income
b: inserting, in their appropriate alphabetical order, the following definitions: income from employment paragraph (a) of the definition of that term in section OB1 of the Income Tax Act 1994 section OB1 of the Income Tax Act 1994 withholding income
a: income from employment that has a New Zealand source that is subject to the PAYE rules (as defined in section OB1 of the Income Tax Act 1994
b: interest or a dividend that has a New Zealand source that is subject to the RWT rules (as defined in section OB1 of the Income Tax Act 1994 .
2: Section 29(1) paragraph (a) child support income amount source deduction payments withholding income
3: The heading to section 38A source deduction payments not available withholding income not available for full income year
4: Section 38A(1) source deduction payments withholding income
5: This section is deemed to have come into force on 1 April 2001 and applies to child support payable for the child support year that commenced on 1 April 2001 and for subsequent child support years.
6: Despite subsection (5)
a: a liable parent objected to the assessment on the ground set out in section 91(1)(a)
b: the assessment is altered by the Commissioner under section 92(4)
4: Maximum rate of child support
1: Section 29(1)(b) child support income amount twice 2.5 times
2: Section 29(1)(b) inflation percentage average
3: Section 38A(2)(b) twice 2.5 times
4: Section 39(2) twice 2.5 times
5: This section applies to child support payable for the child support year commencing 1 April 2002 and for subsequent child support years.
5: Minimum rate of child support
1: Section 72(1) paragraph (a)
a: child support under a formula assessment is, in respect of all of the children for whom the parent is liable to pay child support under a formula assessment,—
i: for the child support year commencing 1 April 2002, $663:
ii: for the child support year commencing 1 April 2003, $663 adjusted by the movement in the all groups index number of the New Zealand Consumer Price Index during the 9-month period that ends with 31 December 2002:
iii: for each subsequent child support year, the minimum annual child support rate under this paragraph for the immediately preceding child support year, adjusted by the applicable inflation percentage: .
2: The principal Act is further amended as set out in the Schedule.
3: This section applies to child support payable for the child support year commencing 1 April 2002 and for subsequent child support years.
4: The new minimum annual rate of child support substituted by this Act does not apply to orders and determinations made on or before the commencement of this Act, or to formula assessments that implement those orders and determinations.
5: The new minimum annual rate of child support substituted by this Act applies to orders and determinations made after the commencement of this Act, and to formula assessments that implement those orders and determinations, but only in relation to child support payable on or after 1 April 2002.
6: Subsections (4) (5)