Social Security (Deeming Threshold Rates) Determination 2013 (No. 2) (Cth)

Social Security (Deeming Threshold Rates) Determination 2013 (No. 2)

I, Kevin Andrews, Minister for Social Services, acting under section 1082 of the Social Security Act 1991 make this Determination.

Dated 2 October 2013

Kevin Andrews

Minister for Social Services

1. Name of Determination

This Determination is the Social Security (Deeming Threshold Rates) Determination 2013 (No. 2).

1. Commencement

This Determination commences on 4 November 2013.

1. Revocation of previous Determination

The Social Security (Deeming Threshold Rates) (FaHCSIA) Determination 2013 is revoked.

1. Interpretation

In this Determination:

Act means the Social Security Act 1991.

1. Below threshold rate

For subsection 1082 (1) of the Act, the below threshold rate for Division 1B of Part 3.10 of the Act is 2 per cent.

1. Above threshold rate

For subsection 1082 (2) of the Act, the above threshold rate for Division 1B of Part 3.10 of the Act is 3.5 per cent.