Social Security (Asset-test Exempt Income Stream (Market-linked) – Payment Factors) Amendment (Minimum Amount) Principles 2021 (Cth)

Social Security (Asset-test Exempt Income Stream (Market-linked) – Payment Factors) Amendment (Minimum Amount) Principles 2021

I, Caitlin Delaney, Delegate of the Secretary of the Department of Social Services, make the following Amendment Principles.

Dated 19 July 2021                                        

Caitlin Delaney

Branch Manager, Older Australians Branch, Delegate of the Secretary of the Department of Social Services

Contents

1  Name........................................................................................................................................ 1

2  Commencement........................................................................................................................ 1

3  Authority.................................................................................................................................. 1

4  Schedules................................................................................................................................. 1

Schedule 1—Amendments  2

Social Security (Asset-test Exempt Income Stream (Market-linked) – Payment Factors) Principles 2017    2

1  Name

This instrument is the Social Security (Asset-test Exempt Income Stream (Market-linked) – Payment Factors) Amendment (Minimum Amount) Principles 2021.

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 this instrument is registered.

Note:          This table relates only to the provisions of this instrument as originally made.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 9BA(5) of the Social Security Act 1991.

4  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Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

Schedule 1—Amendments

Social Security (Asset-test Exempt Income Stream (Market-linked) – Payment Factors) Principles 2017

1  Subsection 4(1A)

Omit “ or 1 July 2020”, substitute “, 1 July 2020 or 1 July 2021”.