1Social Security (Deeming Threshold Rates) Determination 2015 (No. 1)

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Social Security (Deeming Threshold Rates) Determination 2015 (No. 1)

I, Scott Morrison, Minister for Social Services, acting under section 1082 of the Social Security Act 1991 make this Determination.

Dated: 6 March 2015

Scott Morrison

Minister for Social Services

1 Name of Determination

This Determination is the Social Security (Deeming Threshold Rates) Determination 2015 (No. 1).

2 Commencement

This Determination commences on 20 March 2015.

3 Revocation of previous Determination

The Social Security (Deeming Threshold Rates) Determination 2013 (No. 2) is revoked.

4 Interpretation

In this Determination:

Act means the Social Security Act 1991.

5 Below threshold rate

For subsection 1082(1) of the Act, the below threshold rate for Division 1B of Part 3.10 of the Act is 1.75 per cent.

6 Above threshold rate

For subsection 1082(2) of the Act, the above threshold rate for Division 1B of Part 3.10 of the Act is 3.25 per cent.