Document ID: chunk:federal_register_of_legislation:F2022L00155:reg:13
Version: federal_register_of_legislation:F2022L00155
Segment Type: reg
Provision Reference: reg 13
Character Range: 17239–18896

13  Reports for Parliament—prescribed details
 (1) For the purposes of subsection 54(1) of the Act, the following details are prescribed:
 (a) the number of beneficiaries of Government co‑contributions during the quarter;
 (b) the total of all amounts of Government co‑contributions made by the Commissioner during the quarter;
 (c) the total of all amounts of Government co‑contributions recovered during the quarter as overpaid amounts under section 24 of the Act.
 (2) For the purposes of paragraph 54(2)(b) of the Act, the following details are prescribed:
 (a) the number of beneficiaries of Government co‑contributions during the year;
 (b) the total of all amounts of Government co‑contributions made by the Commissioner during the year;
 (c) the total of all amounts of Government co‑contributions recovered during the year as overpaid amounts under section 24 of the Act.
 (3) For the purposes of paragraph 54(2)(c) of the Act, the following ranges of total income are prescribed:
 (a) less than $1,000;
 (b) at least $1,000 but less than $2,000;
 (c) each subsequent range of $1,000 starting immediately after the previous range of $1,000, with the final range being the range that includes the higher income threshold for the financial year.
Note: For the higher income threshold, see section 10A of the Act.
 (4) For the purposes of paragraph 54(2)(d) of the Act, the following ranges of taxable income are prescribed:
 (a) less than $5,000;
 (b) at least $5,000 but less than $10,000;
 (c) each subsequent range of $5,000 starting immediately after the previous range of $5,000, with the final range including any amount of at least $100,000.