Part 3Voluntary agreements
Qualifying voluntary agreements
51Exception in respect of child support voluntary agreement where formula assessment applies
Any voluntary agreement for child support shall not qualify for acceptance by the Commissioner under this Act if—
- a formula assessment of child support applies in respect of the child; and
- the Commissioner has not accepted an election under section 27 to end the formula assessment as it applies in respect of the child.
Notes
- Section 51 heading: amended, on , by section 24(1) of the Taxation (Annual Rates for 2015–16, Research and Development, and Remedial Matters) Act 2016 (2016 No 1).
- Section 51(a): amended, on , by section 24(2) of the Taxation (Annual Rates for 2015–16, Research and Development, and Remedial Matters) Act 2016 (2016 No 1).
- Section 51(b): replaced, on , by section 24(3) of the Taxation (Annual Rates for 2015–16, Research and Development, and Remedial Matters) Act 2016 (2016 No 1).