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Medicare Levy Act 1986

Submitted by Richard_Li on
Distinguished Terms in this instrument
Term(s) Definition Defined in Legislation See Section(s)
levy

means Medicare referred to in section 5.

Medicare Levy Act 1986 Medicare Levy Act 1986 - 3 Interpretation
Medicare Levy Act 1986 - 5 Imposition of Medicare levy
phasein limit

means:

(a) for a person who is entitled to a rebate under section 160AAAA of the Assessment Act$37,975; or

(c) in any other case$24,167.

Medicare Levy Act 1986 Medicare Levy Act 1986 - 3 Interpretation
threshold amount

means:

(a) for a person who is entitled to a rebate under section 160AAAA of the Assessment Act$32,279; or

(c) in any other case$20,542.

Medicare Levy Act 1986 Medicare Levy Act 1986 - 3 Interpretation
tier 2 earner

has the meaning given by section 3A.

Medicare Levy Act 1986 Medicare Levy Act 1986 - 3 Interpretation
Medicare Levy Act 1986 - 3A Meaning of tier 2 earner and tier 3 earner

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