Document ID: chunk:federal_register_of_legislation:C2010C00151:clause:2_117
Version: federal_register_of_legislation:C2010C00151
Segment Type: clause
Provision Reference: sch 2 cl 117
Character Range: 170271–172563

117  Saving assessments etc.

(1) The amendments made by Schedule 1 do not affect the continuity of:
 (a) any administrative assessment, in force immediately before this item commences, of the annual rate of child support that is payable by a parent; or
 (b) any reduction, that is in force immediately before this item commences, of an annual rate of child support payable to nil under section 66A of the Assessment Act; or
 (c) any liability that arose under section 77 of the Assessment Act before this item commences.

(2) For the purposes of the Assessment Act, if an election made by a person under section 60 of that Act is in force immediately before this item commences:
 (a) the election continues in force for the remaining days in the child support period, despite the amendments made by Schedule 1; and
 (b) the person is taken to have made the election for the purposes of assessing the person in respect of the costs of the child; and
 (c) the amount specified in the relevant notice as the amount the person elects to be his or her child support income amount is taken to be specified in the notice as his or her adjusted taxable income; and
 (d) the amounts specified as amounts estimated under steps 2 and 3 of the method statement in subsection 60(5) of that Act, as in force immediately before this item commences, are taken to be specified in the notice as the amount estimated under step 2 of the method statement in subsection 60(5) of that Act, as in force immediately after this item commences.

(3) For the purposes of the Assessment Act, if the Registrar has acted on the basis of a determination under section 58 of that Act that is in force immediately before this item commences:
 (a) the determination continues in force despite the amendments made by Schedule 1; and
 (b) a determination of a person's supplementary amount for a year of income is taken to be a determination of the components of the person's adjusted taxable income referred to in paragraphs 43(1)(b) to (e) of the Assessment Act (as inserted by Schedule 1) for the year of income; and
 (c) a determination of a person's taxable income, and the person's supplementary amount, for a year of income is taken to be a determination of the person's adjusted taxable income for the year of income.