Document ID: chunk:federal_register_of_legislation:C2011A00053:clause:1_12
Version: federal_register_of_legislation:C2011A00053
Segment Type: clause
Provision Reference: sch 1 cl 12
Character Range: 21878–22622

12  Subsection 3(1)
Insert:
minimum amount, in relation to a family tax benefit advance that is paid to an individual, means:
 (a) 3.75% of the FTB child rate for one FTB child who is under 13 years of age worked out under clause 7 of Schedule 1 to the Family Assistance Act (disregarding clauses 8 to 11 of that Schedule); or
 (b) if a determination under section 28 of that Act that the individual is eligible for a percentage (the section 28 percentage) of the family tax benefit for FTB children of the individual is in force—the section 28 percentage of the paragraph (a) amount; or
 (c) if the amount that would be the minimum amount under paragraph (a) or (b) is not a number of whole cents—the amount rounded down to the nearest cent.