Document ID: chunk:federal_register_of_legislation:C2009C00384:clause:2_65eab
Version: federal_register_of_legislation:C2009C00384
Segment Type: clause
Provision Reference: sch 2 cl 65EAB
Character Range: 37720–39227

65EAB  Revising a calculation of quarterly child care tax rebate

 (1) The Secretary may recalculate an amount of child care tax rebate which the Secretary considers applicable:
 (a) under subsection 65EAA(1); or
 (b) under a previous application of this subsection;
in respect of an individual and a child for a quarter, so long as a determination of entitlement has not been made under Subdivision A in respect of the individual and child for the income year that includes the quarter.

 (2) If:
 (a) an amount of child care tax rebate applicable under this Subdivision in respect of an individual and a child for a quarter has been paid to the individual; and
 (b) a recalculation under subsection (1) increases the amount of child care tax rebate applicable in respect of the individual and the child for the quarter;
then subsections 65EAA(2) to (4) apply to the increase as if the increase were the amount applicable under subsection 65EAA(1).

 (3) If:
 (a) an amount of child care tax rebate applicable under this Subdivision in respect of an individual and a child for a quarter has been paid to the individual; and
 (b) a recalculation under subsection (1) decreases the amount of child care tax rebate applicable in respect of the individual and the child for the quarter;
the Secretary may set off all or a part of the decrease against an amount of child care tax rebate applicable under this Subdivision in respect of the individual and the child for a later quarter in the same income year.