1.1.P.115 Previous education period (SKB)

Definition

For the purposes of SKB (1.2.14) the previous education period for a bonus test day of 1 January is the beginning on the previous 1 July and ending on the day before the bonus test day (i.e. 1 July to 31 December in the previous calendar year). For a bonus test day of 30 June, the previous education period means the period beginning on the previous 1 January and ending on the bonus test day (i.e. 1 January to 30 June in the current calendar year).

Act reference: FAAct section 3(1)-'previous education period'

Policy reference: FA Guide 1.2.14 Schoolkids Bonus (SKB) - Description, 2.10 SKB Eligibility

Last reviewed: 8 February 2016