Document ID: chunk:federal_register_of_legislation:C2004A01294:clause:1_32h
Version: federal_register_of_legislation:C2004A01294
Segment Type: clause
Provision Reference: sch 1 cl 32H
Character Range: 21806–23262

32H  Relevant reconciliation time—couple separates after the end of the designated date

 (1) This section applies to the first individual for a same‑rate benefit period if:
 (a) the first individual was a member of a couple throughout the same‑rate benefit period; and
 (b) the first individual ceased to be a member of the couple during the period:
 (i) beginning just after the designated date in the next income year; and
 (ii) ending at the end of the second income year after the relevant income year; and
 (c) the first individual is or was required to lodge an income tax return for the relevant income year.

 (2) If the first individual ceased to be a member of the couple before the time when an assessment is made under the Income Tax Assessment Act 1936 of the first individual's taxable income for the relevant income year, the relevant reconciliation time is the time when the assessment is made, so long as the first individual's income tax return for the relevant income year was lodged before the end of the second income year following the relevant income year.

 (3) If the first individual ceased to be a member of the couple after the time when an assessment is made under the Income Tax Assessment Act 1936 of the first individual's taxable income for the relevant income year, the relevant reconciliation time is the time when the first individual ceased to be a member of the couple.

Note: For designated date, see section 32R.