Document ID: chunk:federal_register_of_legislation:C2006C00468:clause:2_13
Version: federal_register_of_legislation:C2006C00468
Segment Type: clause
Provision Reference: sch 2 cl 13
Character Range: 21787–23027

13  At the end of section 55
Add:

 (3) If:
 (a) a CCB % applicable to a claimant who is an individual is required to be calculated under Schedule 2 to the Family Assistance Act for the purpose of varying a determination of CCB % under Subdivision M, N, P, R, S or V of Division 4 of this Part; and
 (b) the information about an amount needed by the Secretary to calculate the CCB % applicable to the claimant is not available; and
 (c) the Secretary has given the claimant a notice under subsection 55AA(2) or 55AB(2) with a start day that has arrived or passed; and
 (d) since the notice was given, the claimant has not given the Secretary an estimate of the claimant's adjusted taxable income that the Secretary considers to be reasonable;
the Secretary may determine the CCB % applicable to the claimant on the basis of the indexed estimate or indexed actual income stated in the notice (or, if the Secretary has given the claimant more than one notice with a start day that has arrived or passed—the notice with the most recent start day).

Note: Section 55AC affects the meaning of this provision for members of couples.

Note: The heading to section 55 is altered by adding at the end ", indexed estimate or indexed actual income".