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Where a person makes a request for an FTB advance, their advance assessment day is the day the Secretary determines their entitlement to the FTB advance (1.2.8).
For the first advance paid as a regular FTB advance, the advance assessment day depends on when the individual requests that the Secretary determines their advance. From 1 July 2011, this advance will be determined on the day that the individual requests the advance; however from 1 January 2012 a person may request that their first regular advance be determined at a specified future date, which may generally be up to 182 days (26 weeks) in the future.
If an individual has previously been paid a regular FTB advance and has not withdrawn the request, the advance assessment day is the day after the end of the last of the intervals of 182 days of their existing regular advance.
Act reference: FA(Admin)Act section 33 Request, section 35A Entitlement to FTB advance, 35B Regular FTB advances
Policy reference: FA Guide 1.2.8 FTB Advance - Description
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Last reviewed: 1 July 2011
