Restart Re-establishment Grant Scheme Amendment 2000 (No. 2) (Cth)

Restart Re-establishment Grant Scheme Amendment 2000 (No. 2)

I, WARREN ERROL TRUSS, Minister for Agriculture, Fisheries and Forestry, make this instrument under subsection 52A (1) of the Farm Household Support Act 1992.

Dated 29 June 2000

WARREN TRUSS

Minister for Agriculture, Fisheries and Forestry

1. Name of instrument

This instrument is the Restart Re-establishment Grant Scheme Amendment 2000 (No. 2).

1. Commencement

This instrument commences on 1 July 2000.

1. Amendment of Restart Re-establishment Grant Scheme 1997

Schedule 1 amends the Restart Re-establishment Grant Scheme 1997.

Schedule 1        Amendments

(section 3)

[1]         Section 2.2

omit

30 June 2000

insert

30 November 2003

[2]         Paragraph 3.2 (1) (baa)

omit

1 July 2001

insert

1 December 2004

[3]         Paragraph 3.2 (1) (f)

omit

$157,500

insert

$167 500

[4]         Subsection 3.6 (1)

omit

$90,000

insert

$100 000

[5]         Subsection 3.6 (1)

omit

$45,000

insert

$45 000

[6]         Subsection 3.6 (2)

substitute

(2)   If the value of the person’s net assets, plus any restart income support paid to the person or the person’s partner, is more than $100 000, but less than $167 500, the amount payable is:

$45 000 – ²/3(N – $100 000) – RIS

where:

N is the value (in dollars) of the person’s net assets.

RIS is the total amount (in dollars) of:

(a)    any payments of restart income support paid to the person; and

(b)    any payments of restart income support paid to the person’s partner.