Social Security (Exempt Lump Sum – Victorian Industry Transition Assistance Payment) Determination 2017 (Cth)

Social Security (Exempt Lump Sum – Victorian Industry Transition Assistance Payment) Determination 2017

I, Anita Davis, delegate of the Secretary of the Department of Social Services, make the following determination.

Dated   17 August 2017

Anita Davis

Branch Manager

Payability and Integrity Branch

Department of Social Services

1. Name

This instrument is the Social Security (Exempt Lump Sum – Victorian Industry Transition Assistance Payment) Determination 2017.

1. 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 on the Federal Register of Legislation.

Note:      This table relates only to the provisions of this instrument as originally made.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.

1. 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.

1. Authority

This instrument is made under paragraph 8(11)(d) of the Social Security Act 1991.

1. Definitions

In this instrument:

Act means the Social Security Act 1991.

Victorian industry transition assistance payment means a one-off ex-gratia lump sum payment made by the Victorian Taxi Services Commission to an entity that:

(a)    has been registered with the Commission as a taxi or hire car licence holder continuously from the 15 August 2016, and

(b)   is registered with the Commission as a taxi or hire car licence holder at the time of payment.

Where an entity holds more than four taxi or hire car licences, the payment will be in respect of the four highest value licences.

1. Exempt Lump Sum

For the purposes of paragraph 8(11)(d) of the Act, the gross amount of a Victorian industry transition assistance payment is an exempt lump sum.