The notification period is the period of time that an individual has in which to notify Centrelink of a change in their circumstances and still be considered to have notified in time.
For the purposes of CCB, an individual receiving CCB by fee reduction must notify Centrelink as soon as practicable of any event that affects their eligibility to receive CCB or the level of their entitlement (1.1.E.30).
Act reference: FA(Admin)Act section 56C Individual's obligation to notify change of circumstances
Where an individual is receiving FTB via instalment (1.1.I.100) payments they must notify Centrelink as soon as is practicable of any event that will reduce their entitlement or result in them being no longer eligible for the payment. However individuals who do not notify of the event will have their FTB payments reconciled at the end of the financial year and will have to pay back any amounts they should not have received.
Where an individual is receiving FTB via instalment payments and an event occurs that results in an increase in rate, the individual's FTB can usually be adjusted back to the beginning of the income year prior to the Secretary finding out about the change.
Act reference: FA(Admin)Act section 25 Obligation to notify change of circumstances
Last reviewed: 12 August 2013