Name of Specification
1 Name of Specification
This Specification is the Social Security (Pension Bonus Bereavement Payment – Disregarded Income) Specification 2018.
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Commonwealth legislation
This Specification says that compensation (as defined in the Social Security Act) paid as periodic payments must be ignored when assessing income for the Pension Bonus Bereavement Payment. It commences 1 April 2018 and repeals the 2007 specification.
It therefore affects bereaved pensioners who receive periodic compensation: those periodic payments will not reduce their Pension Bonus Bereavement Payment. The change shifts the administrative task of treating these payments as disregarded onto the agency administering the payment.
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Direct links to the current provisions in Social Security (Pension Bonus Bereavement Payment – Disregarded Income) Specification 2018.
This Specification is the Social Security (Pension Bonus Bereavement Payment – Disregarded Income) Specification 2018.
This Specification commences on 1 April 2018.
This Specification is made under subsection 93WB(2) of the Social Security Act 1991.
In this Specification: Act means the Social Security Act 1991. 5 Schedules Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.
For subparagraph 93WB(1)(b)(ii) of the Act, compensation within the meaning of subsection 17(2) of the Act that is paid in the form of periodic payments is specified.
Schedule 1—Repeals
Social Security (Pension Bonus Bereavement Payment — Disregarded Income) Specification 2007
1 The whole of the instrument
Repeal the instrument
Sourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.
This Specification is the Social Security (Pension Bonus Bereavement Payment – Disregarded Income) Specification 2018.
This Specification commences on 1 April 2018.
This Specification is made under subsection 93WB(2) of the Social Security Act 1991.
In this Specification: Act means the Social Security Act 1991. 5 Schedules Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.
For subparagraph 93WB(1)(b)(ii) of the Act, compensation within the meaning of subsection 17(2) of the Act that is paid in the form of periodic payments is specified.
Schedule 1—Repeals
Social Security (Pension Bonus Bereavement Payment — Disregarded Income) Specification 2007
1 The whole of the instrument
Repeal the instrument