Commonwealth legislation

Social Security (Exempt Lump Sum – Government Superannuation Co-Contribution Payments for Low Income Earners) Determination 2017

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Jurisdiction

Commonwealth

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legislative instrument

Plain English Summary

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This instrument treats government superannuation co‑contribution payments as ‘exempt lump sums’ for Social Security Act 1991 means tests. It revokes the 2004 Exempt Lump Sum Determination and began on 21 January 2017 (ss2,4,6).

It affects people who receive government co‑contributions under the Superannuation (Government Co‑Contribution For Low Income Earners) Act 2003: those payments are excluded from lump‑sum means assessments for social security. The determination was made by a delegate of the Secretary under paragraph 8(11)(d) of the Act (s3, s5, s6).

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Social Security (Exempt Lump Sum – Government Superannuation Co-Contribution Payments for Low Income Earners) Determination 2017

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Social Security (Exempt Lump Sum - Government Superannuation Co-Contribution Payments for Low Income Earners) Determination 2017

I, Anita Davis, delegate of the Secretary of the Department of Social Services, make the following determination.

Dated 18 January 2017

………………………………………………………………….

ANITA DAVIS

Acting Branch Manager

International and Means Test Policy Branch

Department of Social Services

1 Name

This instrument is the Social Security (Exempt Lump Sum – Government Superannuation Co-Contribution Payments for Low Income Earners) Determination 2017

2 Commencement

(1) Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

Commencement information
Column 1 Column 2 Column 3
Provisions Commencement Date/Details
1. The whole of this instrument The day after this instrument is registered. 21 January 2017

Note: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.

(2) Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.

3 Authority

This instrument is made under paragraph 8(11)(d) of the Social Security Act 1991.

4 Revocation

The following instrument is revoked:

Social Security Exempt Lump Sum Determination No. 1 of 2004 (FACS)

5 Definitions

In this instrument:

Act means the Social Security Act 1991.

Government superannuation co-contribution payment means a co-contribution payable under the Superannuation (Government Co-Contribution For Low Income Earners) Act 2003.

6 Exempt Lump Sums

For the purposes of paragraph 8(11)(d) of the Act a Government superannuation co-contribution payment is an exempt lump sum.

Source text

Sourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.