Veterans’ Entitlements (Partially Asset-test Exempt Income Stream Exemption) Amendment Principles 2010 (Cth)

Veterans’ Entitlements (Partially Asset-test Exempt Income Stream ‑ Exemption) Amendment Principles 2010

Veterans’ Entitlements Act 1986

No. R18/2010

The REPATRIATION COMMISSION determines these Principles under subsection 52 (1AB) of the Veterans’ Entitlements Act 1986.

Dated this   7^th day of    April                2010

Ian Campbell             Shane Carmody        Brigadier W D Rolfe AO (Rtd)

……………………………………………………………………………………….

IAN CAMPBELL              SHANE CARMODY             BRIGADIER W D ROLFE AO (Rtd)

PRESIDENT                   DEPUTY PRESIDENT              COMMISSIONER

1          Name of Principles

These Principles are the Veterans’ Entitlements (Partially Asset-test Exempt Income Stream ‑ Exemption) Amendment Principles 2010

2          Commencement

These Principles commence on the day after the day on which they are registered on the Federal Register of Legislative Instruments.

3          Amendment of Veterans’ Entitlements (Partially Asset-test Exempt Income Stream ‑ Exemption) Principles 2005

Schedule 1 amends the Veterans’ Entitlements (Partially Asset-test Exempt Income Stream ‑ Exemption) Principles 2005.

Schedule 1                  Amendments

(section 3)

[1]        Section 4         Definitions

After the definition of life company

insert

partner has the meaning given by subsection 5E(1) of the Act.

[2]        Paragraph 7(b)

omit

primary beneficiary’s spouse (or former spouse)

insert

primary beneficiary’s partner (or former partner)

[3]        Paragraph 7(c)

omit

spouse (or former spouse)

insert

partner (or former partner)

[4]        Paragraph 8(b)

omit

primary beneficiary’s spouse (or former spouse)

insert

primary beneficiary’s partner (or former partner)