Document ID: chunk:federal_register_of_legislation:C2004C01310:clause:2_55
Version: federal_register_of_legislation:C2004C01310
Segment Type: clause
Provision Reference: sch 2 cl 55
Character Range: 208917–210001

55  Determination of CCB % under section 50J may be based on estimate

 (1) If:
 (a) a CCB % applicable to a claimant who is an individual is required to be determined under section 50J; and
 (b) subparagraph 7(a)(ii) of Part 4 of Schedule 2 to the Family Assistance Act does not apply to the claimant; and
 (c) the information about an amount needed by the Secretary for the calculation of the CCB % is not available (for example, because the adjusted taxable income of the claimant or another individual cannot be known until after the end of the relevant income year); and
 (d) the claimant gives the Secretary an estimate of the amount needed; and
 (e) the Secretary considers the estimate to be reasonable;
the Secretary may determine the CCB % applicable to the claimant on the basis of the estimate.

 (2) If the claimant does not give the Secretary an estimate of the amount needed that the Secretary considers reasonable, the CCB % of the claimant will be calculated under Schedule 2 to the Family Assistance Act using the minimum taxable income % as the taxable income %.