Document ID: chunk:federal_register_of_legislation:C2009A00027:clause:3_41
Version: federal_register_of_legislation:C2009A00027
Segment Type: clause
Provision Reference: sch 3 cl 41
Character Range: 57114–57674

41  Subsection 160AAAA(4)
Repeal the subsection, substitute:

 (4) If the taxpayer is the spouse of another person, the amount applicable to the taxpayer under subsection (3) is half of the sum of:
 (a) the taxpayer's rebate income for the year of income; and
 (b) the taxpayer's spouse's rebate income for the year of income (reduced by any amount included in the spouse's assessable income under section 100); and
 (c) any share of the net income of a trust estate to which the taxpayer's spouse is presently entitled and that is assessed under section 98.