24BRate of farm help income support—how worked out

#### 24B Rate of farm help income support—how worked out (1) The fortnightly rate at which farm help income support is payable to a person is the sum of: (a) the fortnightly rate at which: (i) if the person is of youth allowance age—youth allowance would be payable to the person if he or she were entitled to receive youth allowance; or (ii) if the person is not of youth allowance age—newstart allowance would be payable to the person if he or she were entitled to receive newstart allowance; and (b) if the person is a member of a couple and the partner allowance rate in relation to the person’s partner exceeds the income support payment rate in relation to the person’s partner—the fortnightly rate that is the difference between those rates. (2) For the purposes of subsection (1): > income support payment rate, in relation to a person’s partner, means the fortnightly rate at which that partner is receiving one (if any) of the following payments: (a) social security pension; (b) a social security benefit (except newstart allowance or youth allowance); (d) a pension under Part II, III or IV of the Veterans’ Entitlements Act 1986. > partner allowance rate, in relation to a person’s partner, means the fortnightly rate at which: (a) that partner is receiving partner allowance; or (b) partner allowance would be payable to that partner if that partner were entitled to receive partner allowance. (3) In calculating a rate referred to in this section, the value of assets that are exempt assets for the purposes of this Act because the person is a farmer is to be disregarded. (4) In calculating a rate referred to in this section, exempt livestock proceeds are to be disregarded. (5) To avoid doubt, in calculating a rate referred to in this section, any farmers hardship bonus under the Social Security Act 1991 is to be disregarded. (6) To avoid doubt, in calculating a rate referred to in this section, any income support bonus under the Social Security Act 1991 is to be disregarded.