Veterans’ Entitlements (Special Disability Trust Discretionary Spending) Determination 2012 (Cth)

Veterans’ Entitlements (Special Disability Trust — Discretionary Spending) Determination 2012

Instrument 2012 No.R43

The Repatriation Commission, acting under subsection 52ZZZWEA(3) of the Veterans’ Entitlements Act 1986, makes this Determination.

Dated this 27th         day of June     2012

Ian Campbell   Shane Carmody

………………………………………………………………………………………

IAN CAMPBELL            SHANE CARMODY

PSM

PRESIDENT            DEPUTY PRESIDENT

1. Name of Determination

This Determination is the Veterans’ Entitlements (Special Disability

Trust — Discretionary Spending) Determination 2012.

1. Commencement

This Determination commences, or is taken to have commenced, on 1 July 2012. 

1. Definitions

In this Determination:

Act means the Veterans’ Entitlements Act 1986.

special disability trust has the meaning given by section 52ZZZW of the Act.

4       Revocation

The Veterans’ Entitlements (Special Disability Trust — Discretionary Spending) Determination 2011 is revoked on the commencement of this Determination.

5       Discretionary spending for other purposes

For subsection 52ZZZWEA(3) of the Act, the maximum value of income and assets that can be applied by a special disability trust for other purposes that are primarily for the benefit of the principal beneficiary (other than purposes that are the primary purpose of the special disability trust) is $10,500 for the 2012-2013 financial year.