3B.3Amount of income support bonus

3B.3 Amount of income support bonus

3B.3.1 The amount of a person’s income support bonus is the amount of $105 on an income support bonus test day.

Note 1: The amount specified is indexed twice a year in line with CPI increases (see paragraphs 3B.4 and 3B.5

3B.4 Income Support Bonus to be indexed or adjusted

3B.4.1 The income support bonus is to be indexed or adjusted as if it is the payment described as “income support bonus” in item 71 of the table in section 1190 of the Social Security Act 1991.

3B.5 CPI indexation of income support bonus

3B.5.1 The income support bonus is indexed as if it is the payment described as income support bonus in item 43 of the table in subsection 1191(1) of the Social Security Act 1991.

3B.5.2 If an income support bonus is to be indexed on an indexation day, as if it was the payment described as income support bonus under the Social Security Act 1991, this Scheme has effect as if the indexed amount were substituted for the income support bonus on that day.

3B.5.3 The indexed amount of the income support bonus is to be worked out under section 1192 of the Social Security Act 1991 as if it was the payment described as income support bonus under the Social Security Act 1991.