Social Security (Exempt Lump Sum – South Australia – Marine Scalefish Fishery Reform: Voluntary Licence Surrender Program) Determination 2020 (Cth)

Social Security (Exempt Lump Sum – South Australia – Marine Scalefish Fishery Reform: Voluntary Licence Surrender Program) Determination 2020

I, Andrew Whitecross, delegate of the Secretary of the Department of Social Services, make the following instrument.

Dated 8 July 2020

Andrew Whitecross

Group Manager
Pensions and Family Payments Group
Department of Social Services

Contents

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

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

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

4  Definitions................................................................................................................................ 1

5  Exempt lump sums................................................................................................................... 2

1  Name

This instrument is the Social Security (Exempt Lump Sum – South Australia – Marine Scalefish Fishery Reform: Voluntary Licence Surrender Program) Determination 2020.

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Note:          This table relates only to the provisions of this instrument as originally made.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 paragraph 8(11)(d) of the Social Security Act 1991.

4  Definitions

In this instrument:

Act means the Social Security Act 1991.

exempt lump sum has the meaning given under subsection 8(11) of the Act.

relevant amount means, in relation to a person, the amount received by the person under the Voluntary Surrender Program.

Voluntary Surrender Program means the Marine Scalefish Fishery Reform: Voluntary Licence Surrender Program under which the South Australian State Government Minister for Primary Industries and Regional Development provides monetary compensation to certain Marine Scalefish Fishery licence holders who voluntarily surrender their fishery licence.

5  Exempt lump sums

For paragraph 8(11)(d) of the Act, all relevant amounts are exempt lump sums.