Document ID: chunk:federal_register_of_legislation:C2025C00130:section:31e:p2
Version: federal_register_of_legislation:C2025C00130
Segment Type: section
Provision Reference: s 31E (pt 2/2)
Character Range: 134906–137144

(f) if subparagraph (1)(b)(vi) applies—the revised estimate concerned; or
                (g) if subparagraph (1)(b)(vii) applies—the estimate of the claimant's adjusted taxable income for the income year, and the estimate of the claimant's maintenance income in that income year, that were used in determining the claimant's rate of family tax benefit under the other determination referred to in that subparagraph.

           Step 3. Take the amount worked out at step 2 away from the amount worked out at step 1.
           Step 4. If the amount worked out at step 3 is greater than zero, work out the number of days during the period beginning on the applicable day and ending at the end of the last day in the income year.
           Step 5. Work out the daily overpayment rate by dividing the amount worked out at step 3 by the number of days worked out at step 4, and rounding the result of the division to the nearest cent (rounding 0.5 cents upwards).
 (3) If there is a daily overpayment rate, the Secretary must vary the applicable determination so that the claimant's daily rate of family tax benefit for the period beginning on the applicable day and ending at the end of the last day in the income year is reduced (but not below nil) by that daily overpayment rate.
 (3A) For the purposes of subsection (3), the applicable determination is:
 (a) if subparagraph (1)(b)(i), (ii), (iii), (iv), (v) or (vi) applies—the determination referred to in paragraph (1)(a); or
 (b) if subparagraph (1)(b)(vii) applies—the other determination referred to in that subparagraph.
 (4) This section may have more than one application in relation to the claimant during the income year.
 (5) In this section:
applicable day means:
 (a) if subparagraph (1)(b)(i), (ii), (iii) or (iv) applies—the day on which the variation concerned has effect; and
 (b) if subparagraph (1)(b)(v) or (vi) applies—the first day of the instalment period in which the Secretary applies the method statement because of that subparagraph applying; and
 (c) if subparagraph (1)(b)(vii) applies—the first day in the income year for which the claimant's entitlement to be paid family tax benefit arose under the other determination referred to in that subparagraph.