Document ID: chunk:federal_register_of_legislation:C2004C01135:clause:4_565f
Version: federal_register_of_legislation:C2004C01135
Segment Type: clause
Provision Reference: sch 4 cl 565F
Character Range: 187118–188432

565F  Recalculation if combined parental income or actual means of family exceeds estimated amount

 (1) If:
 (a) in working out the rate of youth allowance payable to a person, regard is had to the combined parental income of the person, or the actual means of the family of the person, for a tax year; and
 (b) the combined parental income of the person, or the actual means of the family of the person, to which regard was had consisted of an amount estimated by the person; and
 (c) the combined parental income of the person, or the actual means of the family of the person, for the tax year is more than the amount of the combined parental income of the person, or the actual means of the family of the person, as the case may be, on which the determination of the rate of youth allowance was based;
the person's rate of youth allowance is to be recalculated on the basis of the combined parental income of the person or the actual means of the family of the person, as the case may be.

 (2) In subsection (1):

actual means of the family of a person has the same meaning as in Submodule 4 of Module G of the Youth Allowance Rate Calculator in section 1067G.

combined parental income of a person has the same meaning as in Submodule 4 of Module F of the Youth Allowance Rate Calculator in section 1067G.