Document ID: chunk:federal_register_of_legislation:C2013C00026:clause:6_10
Version: federal_register_of_legislation:C2013C00026
Segment Type: clause
Provision Reference: sch 6 cl 10
Character Range: 236264–237496

10  Transitional—tax requirement for claims made in the 2012‑13 income year

(1) For a person who makes a claim for low income supplement for the 2012‑13 income year:
 (a) subsection 916E(1) of the Social Security Act 1991, as inserted by this Schedule, does not apply in relation to the claim; and
 (b) the person is taken to satisfy the tax requirement referred to in subparagraph 916B(1)(a)(iii) of that Act (as inserted by this Schedule) for the 2011‑12 income year if the person satisfies the requirement in subitem (2).

(2) A person satisfies this subitem if:
 (a) the person has an accepted taxable income (within the meaning of subsection 916E(2) of the Social Security Act 1991, as inserted by this Schedule) for the 2011‑12 income year; and
 (b) the amount of income tax owed by the person for that year, as worked out under subsection 4‑10(3) of the Income Tax Assessment Act 1997 by reference to the person's accepted taxable income, is less than $300.

(3) This item does not apply to a person if item 12 or 13 of Schedule 6 to the Social Security and Other Legislation Amendment (2012 Budget and Other Measures) Act 2012 applies in relation to the person.

Part 3—Other amendments

Income Tax Assessment Act 1936