1Social Security (Waiver of Debts – Legacy Product Conversions) Specification 2025

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Commonwealth Coat of Arms of Australia

 

Social Security (Waiver of Debts – Legacy Product Conversions) Specification 2025

I, Amanda Rishworth, Minister for Social Services, make the following Specification.

Dated 26.03.2025       

Amanda Rishworth

Minister for Social Services

 

 

 

Contents

1  Name

2  Commencement

3  Authority

4  Definitions

5  Classes of debts

 

1  Name

  This instrument is the Social Security (Waiver of Debts – Legacy Product Conversions) Specification 2025

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 the last day on which a resolution disallowing the Social Security (Waiver of Debts –Legacy Product Conversions) Specification 2025 or a provision of that instrument could be passed by either House of the Parliament as referred to in section 42 of the Legislation Act 2003. However, the provisions do not commence at all if that instrument or a provision of that instrument is disallowed or taken to have been disallowed on or before that last day.

Note: This table relates only to the provisions of this instrument as originally made.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 subsection 1237AB(1) of the Social Security Act 1991.

4  Definitions

  In this instrument:

Act means the Social Security Act 1991.

asset-test exempt income stream has the meanings given by sections 9A, 9B and 9BA of the Act.