Document ID: chunk:federal_register_of_legislation:C2013C00026:clause:1_69
Version: federal_register_of_legislation:C2013C00026
Segment Type: clause
Provision Reference: sch 1 cl 69
Character Range: 75879–77000

69  Subsection 17(8)
Repeal the subsection, substitute:

 (8) For the purposes of the definition of income cut‑out amount in subsection (1), the formula is as follows:
where:

clean energy supplement component means the clean energy supplement worked out under point 1064‑C3 for a person who is not a member of a couple:
 (a) whether or not the person for whom the income cut‑out amount is being worked out is a member of a couple; and
 (b) whether or not that Module applies to the person for whom the income cut‑out amount is being worked out.

maximum basic rate means the amount specified in column 3 of item 1 of the table in point 1064‑B1.

ordinary free area limit means the amount specified in column 3 of item 1 in Table E‑1 in point 1064‑E4.

pension supplement component means the pension supplement amount worked out under point 1064‑BA3 for a person who is not a member of a couple:
 (a) whether or not the person for whom the income cut‑out amount is being worked out is a member of a couple; and
 (b) whether or not that point applies to the person for whom the income cut‑out amount is being worked out.