Document ID: chunk:federal_register_of_legislation:C2004A04731:front:0:p29
Version: federal_register_of_legislation:C2004A04731
Segment Type: other
Provision Reference: 
Character Range: 73185–76075

neither:

        (i) given the Secretary a written statement of the partner's tax file number; nor

        (ii) given the Secretary a declaration by the partner in a form approved by the Secretary and satisfied either subsection (2) or (3).

  "(2) The person satisfies this subsection if:

  (a) the partner's declaration states that the partner:

        (i) has a tax file number but does not know what it is; and

        (ii) has asked the Commissioner of Taxation to inform the partner of the partner's number; and

    (b) the person has given the Secretary a document by the partner that authorises the Commissioner of Taxation to tell the Secretary:

        (i) whether the partner has a tax file number; and

        (ii) if the partner has a tax file number—the tax file number; and

    (c) the Commissioner of Taxation has not told the Secretary that the partner has no tax file number.

  "(3) The person satisfies this subsection if:

     (a) the partner's declaration states that an application by the partner for a tax file number is pending; and

     (b) the person has given the Secretary a document by the partner that authorises the Commissioner of Taxation to tell the Secretary:

        (i) if a tax file number is issued to the partner—the tax file number; or

        (ii) if the application is refused—that the application has been refused; or

        (iii) if the application is withdrawn—that the application has been withdrawn; and

     (c) the Commissioner of Taxation has not told the Secretary that an application by the partner for a tax file number has been refused; and

  (d) the application for a tax file number has not been withdrawn.

"(4) The Secretary may waive the requirement for a statement of the partner's tax file number if the Secretary is satisfied that:

  (a) the person does not know the partner's tax file number; and

  (b) the person can obtain none of the following from the partner:

      (i) the partner's tax file number;

      (ii) a statement of the partner's tax file number;

      (iii) a declaration by the partner under subparagraph (1)(c)(ii).

Assets test—allowance not payable if assets value limit exceeded

"771HF.(1) A partner allowance is not payable to a person if the value of the person's assets exceeds the person's assets value limit.

   Note: The value of the person's assets is only half the combined value of the person's assets and the assets of the person's partner (see subsection (3)).

"(2) A person's assets value limit is worked out using the following Table:

          ASSETS VALUE LIMIT TABLE
column 1  column 2                                column 3
item      person's situation                      assets value limit
1.        Person or partner a homeowner           $80,250.00
2.        Neither person nor partner a homeowner  $120,500.00

Note 1: For 'homeowner' see section 11.