Document ID: chunk:federal_register_of_legislation:C2025C00162:section:1120ab:p5
Version: federal_register_of_legislation:C2025C00162
Segment Type: section
Provision Reference: s 1120AB (pt 5/5)
Character Range: 2179918–2180567

recent 12‑month anniversary of the relevant payment day; or
 (ii) otherwise—the relevant payment day; and
 (b) ending at the end of the assessment day.
relevant payment day means the day that the amount was paid for the income stream.
 (14) If the income stream is a joint income stream, then, for the purposes of applying subsections (12) and (13) to the person and to a day covered by subsection (1), an amount paid for the income stream is taken to be that amount multiplied by the proportion of the income stream attributable to the person on that day.
 (15) The Secretary may make a legislative instrument for the purposes of paragraph (12)(b).