Commonwealth Consolidated Acts(1) The definition in this section relates to one of the qualifications for crisis payment (see sections 1061JG, 1061JH, 1061JHA and 1061JI).
(2) A person who is not a member of a couple is in severe financial hardship for the purposes of qualifying for a crisis payment if the value of the person's liquid assets (within the meaning of subsection 14A(1)) is less than the fortnightly amount at the maximum payment rate of the social security pension or the social security benefit that is payable to the person.
(3) A person who is a member of a couple is in severe financial hardship for the purposes of qualifying for a crisis payment if the value of the person's liquid assets (within the meaning of subsections 14A(1) and (2)) is less than twice the fortnightly amount at the maximum payment rate of the social security pension or the social security benefit that is payable to the person.
(4) For the purposes of working out whether a CDEP Scheme participant is in severe financial hardship as defined in this section, the maximum payment rate of social security pension or social security benefit that would have been payable to the participant if he or she had not been a CDEP Scheme participant is taken to be payable to the participant.
Note: For CDEP Scheme Participant see section 1188B.
(5) In this section:
"maximum payment rate" , in relation to each of the following social security payments, means (unless otherwise stated below) the rate worked out at Step 4 of the Method statement in Module A of the relevant Rate Calculator:
(a) for the following pensions if the recipient is not blind:
(i) age pension;
(ii) disability support pension (recipient has turned 21);
(iii) carer pension;
(iv) wife pension;
the Rate Calculator at the end of section 1064; or
(b) for age pension and disability support pension (recipient has turned 21) if the recipient is blind--the Rate Calculator at the end of section 1065; or
(c) for widow B pension--the Rate Calculator at the end of section 1066; or
(d) for disability support pension if the recipient is under 21 and not blind--Step 5 of the Method statement in Module A of the Rate Calculator at the end of section 1066A; or
(e) for disability support pension if the recipient is under 21 and is blind--Step 5 of the Method statement in Module A of the Rate Calculator at the end of section 1066B; or
(f) for the following allowances:
(i) newstart allowance;
(ii) widow allowance;
(iii) sickness allowance;
(iv) partner allowance;
(v) mature age allowance granted under Part 2.12B;
the Rate Calculator at the end of section 1068; or
(g) for mature age allowance granted under Part 2.12A--the Rate Calculator at the end of section 1064; or
(h) for a pension PP (single)--the Rate Calculator at the end of section 1068A; or
(i) for benefit PP (partnered)--point 1068B‑A4; or
(j) for mature age partner allowance--the Rate Calculator at the end of section 1064; or
(k) for special benefit--section 746; or
(l) for youth allowance--the Rate Calculator at the end of section 1067G; or
(m) for austudy payment--Step 3 of the Method statement in Module A of the Rate Calculator at the end of section 1067L.
[Index]
[Table]
[Search]
[Search this Act]
[Notes]
[Noteup]
[Previous]
[Next]
[Download]
[Help]