Document ID: chunk:federal_register_of_legislation:C2024C00583:clause:1_7
Version: federal_register_of_legislation:C2024C00583
Segment Type: clause
Provision Reference: sch 1 cl 7
Character Range: 325952–326467

7  Standard rate
 (1) Subject to subclauses (2) and (3) and clauses 8 to 11, an individual's standard rate is worked out using the following table. Work out which category applies to each FTB child of the individual. The FTB child rate is the corresponding amount in column 2. The standard rate is the sum of the FTB child rates.

FTB child rates

(Part A—Method 1)
                   Column 1                                   Column 2
                   Category of FTB child                      FTB child rate