{"id":"F2009L00118","name":"Social Security (Deeming Threshold Rates) (FaHCSIA) Determination 2009 (No. 1)","slug":"social-security-deeming-threshold-rates-fahcsia-determination-2009-no-1","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":76539,"registerId":"commonwealth-F2009L00118-current","compilationNumber":null,"startDate":"2026-04-02","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Social Security (Deeming Threshold Rates) (FaHCSIA) Determination 2009 (No. 1)","content":"![](image.001.png)\n\nSocial Security (Deeming Threshold Rates) (FaHCSIA) Determination 2009 (No. 1)\n\nI, TANYA PLIBERSEK, Minister for Housing, make this Determination under section 1082 of the Social Security Act 1991.\n\nDated 16 January 2009.\n\nTanya Plibersek\n\nMinister for Housing\n\n1. Name of Determination\n\nThis Determination is the Social Security (Deeming Threshold Rates) (FaHCSIA) Determination 2009 (No. 1).\n\n2. Commencement\n\nThis Determination commences on 26 January 2009.\n\n3. Interpretation\n\nIn this Determination:\n\n> Act means the Social Security Act 1991.\n\n4. Revocation of Social Security (Deeming Threshold Rates) (FaHCSIA) Determination 2008\n\nThe Social Security (Deeming Threshold Rates) (FaHCSIA) Determination 2008 (No.2) is revoked.\n\n5. Below threshold rate\n\nFor subsection 1082 (1) of the Act, the below threshold rate for Division 1B of Part 3.10 of the Act is 3 per cent.\n\n6. Above threshold rate\n\nFor subsection 1082 (2) of the Act, the above threshold rate for Division 1B of Part 3.10 of the Act is 4 per cent.","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":2131},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"This determination maintains the original scope of setting deeming threshold rates as authorised by section 1082 of the Social Security Act 1991. It performs a routine annual update replacing the previous 2008 determination."},"complexity_factors":["Only two operative provisions setting fixed percentage rates (3% and 4%)","No defined terms beyond standard reference to 'Act' (the Social Security Act 1991)","No conditional logic, exceptions, or nested cross-references to other legislative schemes","Straightforward single-purpose instrument performing a routine update"],"plain_english_summary":"This determination sets the deeming rates Centrelink uses to calculate assumed income from financial assets for social security income tests. It applies a 3% rate to assets up to the statutory threshold and 4% above it, affecting anyone on payments who holds financial investments. It replaced the 2008 rates and commenced 26 January 2009."}},"importantCases":[],"_links":{"self":"/api/acts/social-security-deeming-threshold-rates-fahcsia-determination-2009-no-1","history":"/api/acts/social-security-deeming-threshold-rates-fahcsia-determination-2009-no-1/history","analysis":"/api/acts/social-security-deeming-threshold-rates-fahcsia-determination-2009-no-1/analysis","conflicts":"/api/acts/social-security-deeming-threshold-rates-fahcsia-determination-2009-no-1/conflicts","importantCases":"/api/acts/social-security-deeming-threshold-rates-fahcsia-determination-2009-no-1/important-cases","documents":"/api/acts/social-security-deeming-threshold-rates-fahcsia-determination-2009-no-1/documents"}}