Part 2 Exempt Lump SumsPart 2 Exempt Lump Sums

Part 2 Exempt Lump Sums

2.1 AMOUNT OR CLASS OF AMOUNTS

(1) Paragraph 5H(12)(c) of the Act provides that an amount or class of amounts, received by a person is an exempt lump sum if the amount, or class of amounts is determined by Commission to be an exempt lump sum.

(2) On 4 May 2000, the Hon Larry Anthony MP, Minister for Community Services announced a trial of a welfare reform initiative, known as the Assessment and Contestability Trial for People with Disabilities. The Trial is intended to more effectively assist people with disabilities to participate in the community, both socially and economically. The trial commences on 31 July 2000.

(3) A person, being a participant, or an intended participant, of the Assessment and Contestability Trial for People with Disabilities, will be provided financial assistance of $40 to assist with the expenses of partipication in the Trial.

2.2 APPLICATION-EXEMPT LUMP SUMS

(1) It is appropriate to determine that an amount, or class of amounts, paid to a person, on or after the commencement of this Determination, in accordance with the requirements of subclause 2.1(3) of this Determination, is an exempt lump sum for the purposes of paragraph 5H(12)(c) of the Act from the date that the amount is paid.