|
|
|
|
|
For the purposes of FTB, the instalment amount is the amount of FTB that has accrued for the number of days in the instalment period for which the recipient is entitled. The amount is the total of the daily rates of FTB that apply on each day of the instalment period.
Act reference: FA(Admin)Act section 23(2) Instalment amount and instalment period
Policy reference: FA Guide 4.3.1 FTB Delivery Choices, 4.2.1 Summary of FTB Claim Process
For the purposes of FTB, an instalment claim for FTB is a claim for the current income year where FTB is paid by fortnightly instalments.
For the purposes of FTB, the instalment period is normally a period of 14 days, and each successive period of 14 days. A recipient's FTB delivery day (1.1.P.73) is 2 days later than the end of the instalment period. An instalment period for FTB is the same as an entitlement period for social security payments paid by Centrelink.
Act reference: FA(Admin)Act section 23(2) Instalment amount and instalment period
_______________________________________________________
Last reviewed: 6 April 2009
