Veterans' Entitlements Income (Exempt Lump Sum—Great Barrier Reef Employee Assistance Payment) Determination No. R24 of 2004 (Cth)
Repatriation Commission
Veterans’ Entitlements Act 1986
Veterans’ Entitlements Income (Exempt Lump Sum—Great Barrier Reef Employee Assistance Payment) Determination
Instrument No. R24/2004
I, JEANETTE RICKETTS, Branch Head, Income Support Branch, Department of Veterans’ Affairs, and delegate of the Repatriation Commission, determine, under paragraph 5H(12)(c) of the Veterans’ Entitlements Act 1986 (VEA), that an amount specified in Part 2 of the Schedule as an exempt lump sum is an exempt lump sum for the purposes of the definition of “ordinary income” in subsection 5H(1) of the VEA.
Dated
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(JEANETTE RICKETTS)
SCHEDULE
Part 1: Preliminary and Interpretation
Explanation
1.1Paragraph 5H(12)(c) of the VEA enables the Repatriation Commission to determine that an amount, or one of a class of amounts, is an exempt lump sum. The consequence of the determination is that the amount, or class of amounts, is not ordinary income for the purposes of the VEA .
1.2 Name of Determination
1.2.1This determination is the Veterans' Entitlements Income (Exempt Lump Sum—Great Barrier Reef Employee Assistance Payment) Determination No. R24 of 2004.
1.3 Commencement of Determination
1.3.1This Determination commences on the day on which it is signed by the Commission delegate.
1.4 Definitions
1.4.1In this Determination:
“employee assistance payment” means a payment under the Employee Assistance component of the Great Barrier Reef Marine Park Structural Adjustment Package.
“service pension” has the meaning given in subsection 5Q(1) of the VEA.
“income support supplement” means the payment called the income support supplement payable under Part IIIA of the VEA.
Part 2: Exempt Lump Sum
Exempt Lump Sum—employee assistance payment
2.1If:
(a)a person or the person’s partner has received an employee assistance payment on or after the commencement of this determination; and
(b)the person is eligible for, or in receipt of, a service pension or income support supplement;
then the amount received by the person or the person’s partner, as an employee assistance payment, is an exempt lump sum.
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