Medicare Levy Amendment (DisabilityCare Australia) Act 2013 No. 43, 2013 An Act to amend the Medicare Levy Act 1986, and for related purposes Contents 1 Short title 2 Commencement 3 Schedule(s) Schedule 1—Amendments Medicare Levy Act 1986 Medicare Levy Amendment (DisabilityCare Australia) Act 2013 No. 43, 2013 An Act to amend the Medicare Levy Act 1986, and for related purposes [Assented to 28 May 2013] The Parliament of Australia enacts: 1 Short title This Act may be cited as the Medicare Levy Amendment (DisabilityCare Australia) Act 2013. 2 Commencement This Act commences on the day this Act receives the Royal Assent. 3 Schedule(s) Each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms. Schedule 1—Amendments Medicare Levy Act 1986 1 Subsection 6(1) Omit "1.5%", substitute "2%". 2 Subsection 6(2) Omit "1.5%", substitute "2%". 3 Subsection 6(3) Omit "1.5%", substitute "2%". 4 Subsection 7(4) Omit "$490", substitute "$520". 5 Subsection 8(2) (formula) Repeal the formula, substitute: 6 Subsection 8(2) Omit all the words after the formula. 7 Application of amendments The amendments made by this Schedule apply to assessments for the 2014‑15 year of income and later years of income. [Minister's second reading speech made in— House of Representatives on 15 May 2013 Senate on 16 May 2013] (113/13)