Commonwealth legislation

Veterans’ Entitlements (Special DisabilityTrust — Discretionary Spending) Determination 2016

RepealedCTH

This Act has been repealed and is no longer in force. It is retained for historical reference.

Jurisdiction

Commonwealth

Collection

legislative instrument

Plain English Summary

1/10 complexity

This instrument sets the 2016–17 annual cap of $11,500 on "other purposes" (holidays, hobbies, entertainment, etc.) spending from special disability trusts used for veterans and their families. It affects trustees, principal beneficiaries and the Department of Veterans' Affairs because spending above the limit can affect the beneficiary’s pension or entitlements and revokes the 2015 determination.

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Current sections

Direct links to the current provisions in Veterans’ Entitlements (Special DisabilityTrust — Discretionary Spending) Determination 2016.

Veterans’ Entitlements (Special DisabilityTrust — Discretionary Spending) Determination 2016

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Repatriation Commission

Veterans’ Entitlements (Special Disability Trust — Discretionary Spending) Determination 2016

Instrument 2016 No. R42

I, Simon Hill, delegate of the Repatriation Commission, make this determination under subsection 52ZZZWEA(3) of the Veterans’ Entitlements Act 1986.

Dated this 17 day of June 2016

Simon Hill

……………………………………………………

SIMON HILL

1 Name

This Determination is the Veterans’ Entitlements (Special Disability

Trust — Discretionary Spending) Determination 2016.

2 Commencement

This Determination commences on 1 July 2016.

3 Revocation

The Veterans’ Entitlements (Special Disability Trust — Discretionary Spending) Determination 2015 is revoked.

4 Definitions

In this Determination:

Act means the Veterans’ Entitlements Act 1986.

special disability trust has the meaning given by section 52ZZZW of the Act.

5 Discretionary spending for other purposes

For subsection 52ZZZWEA(3) of the Act, the maximum value of income and assets that can be applied by a special disability trust for other purposes that are primarily for the benefit of the principal beneficiary (other than purposes that are the primary purpose of the special disability trust) is $11,500 for the 2016-2017 financial year.

Source text

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

1 Veterans’ Entitlements (Special DisabilityTrust — Discretionary Spending) Determination 2016