Document ID: chunk:federal_register_of_legislation:C2004A04771:front:0:p46
Version: federal_register_of_legislation:C2004A04771
Segment Type: other
Provision Reference: 
Character Range: 117230–120144

the Rate Calculator;

     (b) the letter following the hyphen is the letter allocated to the Module in which the point occurs;

  (c) the final number identifies the order of the point within the Module.

       Example: Point 45X-D8 is the eighth point in Module D of the Rate Calculator at the end of section 45X.

   Note: Paragraph (4)(a) has been adopted so that if a reader is looking for a particular section of the Act and opens a page that happens to be in the middle of a Rate Calculator, the reader will know whether the section the reader is looking for is before or after that page.

Application of income and assets test reductions for income tax purposes

  "45V.(1) If:

     (a) the rate of income support supplement applicable to a person is worked out by using the Income Support Supplement Rate Calculator Where There Are No Dependent Children at the end of section 45X; and

     (b) the maximum basic rate applicable to the person is increased by an amount worked out under the remote area allowance Module or the rent assistance Module of the Rate Calculator; and

     (c) the rate of income support supplement is to be reduced under the adjusted income test Module or the assets test Module of the Rate Calculator;

the reduction is to be applied:

     (d) first, to the rate of income support supplement apart from any increase under the remote area allowance Module or the rent assistance Module; and

     (e) then, to the amount of any increase under the remote area allowance Module; and

     (f) finally, to the amount of any increase under the rent assistance Module.

  "(2) If:

     (a) the rate of income support supplement applicable to a person is worked out by using the Income Support Supplement Rate Calculator Where There Are Dependent Children at the end of section 45Y; and

     (b) the maximum basic rate applicable to the person is increased by an amount worked out under the remote area allowance Module of the Rate Calculator; and

     (c) the rate of income support supplement is to be reduced under the adjusted income test Module or the assets test Module of the Rate Calculator;

the reduction is to be applied:

     (d) first, to the rate of income supplement apart from any increase under the remote area allowance Module or any other Module; and

     (e) then, to the amount of any increase under the remote area allowance Module.

"(3) The following Table sets out details of the Modules relevant to subsection (1):

RELEVANT MODULES TABLE
column 1                                                                                       column 2                      column 3                column 4                     column 5
Rate Calculator                                                                                remote area allowance Module  rent assistance Module  adjusted income test Module  assets test Module
Income Support Supplement