Commonwealth Consolidated Acts

SOCIAL SECURITY (ADMINISTRATION) ACT 1999 - SECT 43

             (1)  A social security periodic payment is to be paid:

                     (a)  in arrears; and

                     (b)  by instalments relating to such periods (not exceeding 14 days) as the Secretary determines.

             (2)  Subject to sections 52 and 53, instalments of a social security periodic payment are to be paid at such times as the Secretary determines.

             (3)  Subject to subsection (4), the amount that is to be paid to a person as an instalment of a social security periodic payment in relation to a period is the total of the amounts of the social security periodic payment (calculated by reference to the daily rate of payment applicable to each day) payable to the person for days in that period on which the social security periodic payment was payable to the person.

             (4)  If:

                     (a)  either of the following amounts (the added amount ) is added to a person's maximum basic rate for a particular day in working out the amount of an instalment of a social security payment:

                              (i)  an amount of pharmaceutical allowance;

                             (ii)  a pension supplement amount; and

                     (b)  if the added amount is a pension supplement amount used by the Rate Calculator to produce an annual rate--the pension supplement amount is more than the person's pension supplement basic amount; and

                     (c)  there is no election by the person under subsection 1061VA(1) in force on that day; and

                     (d)  apart from this subsection, the portion of the instalment corresponding to that day would be less than the person's minimum daily rate, but more than a nil amount;

the amount of that portion of the instalment is to be increased to the person's minimum daily rate.

             (5)  In this section:

"minimum daily rate" , for a person, means:

                     (a)  if the added amount is an amount of pharmaceutical allowance and the Rate Calculator for the social security payment produces a fortnightly rate-- 1 / 14 of that amount; or

                     (b)  if the added amount is an amount of pharmaceutical allowance and the Rate Calculator for the social security payment produces an annual rate-- 1 / 364 of that amount; or

                     (c)  if the added amount is a pension supplement amount-- 1 / 364 of the person's minimum pension supplement amount.

          (5A)  If:

                     (a)  an election by the person under subsection 1061VA(1) is in force on a particular day; and

                     (b)  apart from this subsection, the portion of the instalment of the person's quarterly pension supplement that corresponds to that day would be reduced under subsection 1210(3), but not reduced to a nil amount;

the amount of that portion of the instalment is not to be reduced under subsection 1210(3).

             (6)  Each of the periods determined by the Secretary under subsection (1) is an instalment period in relation to the social security periodic payment.