4Simplified outline of this Act

4 Simplified outline of this Act

This Act provides financial assistance to certain farmers and their partners.

The assistance is available to farmers, and partners of farmers, who contribute significant labour and capital to a farm enterprise that has a significant commercial purpose or character.

The payments that are available under this Act are:

(a) farm household allowance for up to 4 years in each specified 10 year period; and

(b) funding (called the activity supplement) for undertaking activities such as receiving training or advice, or undertaking study; and

(c) funding (called the farm financial assessment supplement) to pay for an assessment of the financial position of a person and a relevant farm enterprise; and

(d) additional funding (called the FHA supplement) for a person to whom farm household allowance is payable at any time between 1 September 2018 and 1 June 2019; and

(e) a relief payment for a person if 1,460 days of farm household allowance have been payable to the person before 1 July 2020; and

(f) if the Minister’s rules prescribe other circumstances in which a relief payment may be made—a relief payment for a person in those circumstances.

The rules dealing with claims, how payments are made and review of decisions relating to payments under this Act are found in the Social Security Act and the Social Security Administration Act.