317‑1 Laws and programs317‑1 Laws and programs

317‑1 Laws and programs

For the purposes of subparagraph 317(1)(b)(i) of the Act, the laws and programs are the following: (a) A New Tax System (Family Assistance) Act 1999; (b) A New Tax System (Family Assistance) (Administration) Act 1999; (c) Farm Household Support Act 2014; (d) MRC Act; (e) Paid Parental Leave Act 2010; (f) Safety, Rehabilitation and Compensation (Defence‑related claims) Act 1988; (g) Student Assistance Act 1973; (h) Veterans’ Entitlements Act; (i) the program specified in item 430.017 (F111 Payments) of Part 4 of Schedule 1AA to the Financial Framework (Supplementary Powers) Regulations 1997.

3 Sections 317‑5 and 318‑10

Repeal the sections.

4 Subsection 324‑5(2)

Repeal the subsection, substitute:

Variation results in no change to, or a decreased, means tested amount (2) If the variation results in: (a) no change to the individual’s daily means tested amount; or (b) a decrease to the individual’s daily means tested amount; the day specified must be the day the event or change in circumstances occurred.

5 Paragraph 324‑5(3)(a)

Repeal the paragraph, substitute:

(a) if the decision under subsection 324(1) of the Act to vary the income determination is made because the individual notified the System Governor of an event or change in the individual’s circumstances as required by section 336 of the Act, and the individual gave the notification within 28 days of the day the event or change in circumstances occurred—the day notice of the decision is given; or

6 Subsection 325‑5 (heading)

After “circumstances”, insert “by individual”.

7 Subsections 331‑5(2) and (3)

Repeal the subsections, substitute:

Variation results in no change to, or a decreased, means tested amount (2) If the variation results in: (a) no change to the individual’s daily means tested amount; or (b) a decrease to the individual’s daily means tested amount; the day specified must be the day the event or change in circumstances occurred. Variation results in an increased means tested amount (3) If the variation results in an increase to the individual’s daily means tested amount, the day specified must be: (a) if the decision under subsection 331(1) of the Act to vary the asset determination is made because the individual notified the System Governor of an event or change in the individual’s circumstances as required by section 336 of the Act, and the individual gave the notification within 28 days of the day the event or change in circumstances occurred—the day notice of the decision is given; or (b) otherwise—28 days before the day notice of the decision under subsection 331(1) of the Act is given.

8 Section 334‑5