Social Security (Deeming Threshold Rates) (FaCSIA) Determination 2007

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Social Security (Deeming Threshold Rates) (FaCSIA) Determination 2007

I, Malcolm Thomas Brough, Minister for Families, Community Services and Indigenous Affairs, make this determination under section 1082 of the Social Security Act 1991.

Dated 7th March 2007.

Mal Brough

Minister for Families, Community Services and Indigenous Affairs

1. Name of determination

This determination is the Social Security (Deeming Threshold Rates) (FaCSIA) Determination 2007.

2. Commencement

This determination commences on 20 March 2007.

3. Interpretation

In this determination:

Act means the Social Security Act 1991.

4. Revocation of Social Security (Threshold Rates) Determination 2004 (No. 1)

The Social Security (Threshold Rates) Determination 2004 (No. 1) is revoked.

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 3.5%.

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 5.5%.