Document ID: chunk:federal_register_of_legislation:C2023A00027:clause:1_12
Version: federal_register_of_legislation:C2023A00027
Segment Type: clause
Provision Reference: sch 1 cl 12
Character Range: 7231–8030

12  After subsection 58(2)
Insert:

Parent not required to lodge a return
 (2A) If:
 (a) paragraph (1)(a) applies to the parent; and
 (b) the Registrar is satisfied that the parent is not required, under section 161 of the Income Tax Assessment Act 1936, to give to the Commissioner of Taxation a return for the last relevant year of income;
the Registrar may determine that the parent's adjusted taxable income for the last relevant year of income is the amount under subsection (2B).
 (2B) The amount under this subsection is the amount that would be equal to one‑third of the annualised MTAWE figure for the relevant June quarter in relation to a child support period if that period were to start on 1 January during the parent's last relevant year of income in relation to the relevant period.