Commonwealth Consolidated Acts

SOCIAL SECURITY (ADMINISTRATION) ACT 1999 - SECT 48C

             (1)  Quarterly pension supplement is to be paid by instalments.

             (2)  An instalment of quarterly pension supplement is to be paid to a person as soon as is reasonably practicable on or after the first supplement test day (the current test day ) that follows a day on which an election by the person under subsection 1061VA(1) is in force.

             (3)  The amount of the instalment is worked out by multiplying the person's daily rate of quarterly pension supplement by the number of days during the test period for which an election by the person under subsection 1061VA(1) is in force.

             (4)  In this section:

"supplement test day" means:

                     (a)  20 March; or

                     (b)  20 June; or

                     (c)  20 September; or

                     (d)  20 December.

"test period" means the period:

                     (a)  starting on the most recent supplement test day before the current test day; and

                     (b)  ending on the day immediately before the current test day.