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SOCIAL SECURITY AND REPATRIATION LEGISLATION AMENDMENT ACT 1983 No. 36, 1983 - SECT 4

Rate of age or invalid pension

4. Section 28 of the Principal Act is amended by omitting sub-section (2AB)
and substituting the following sub-sections:

''(2AB) Notwithstanding sub-section (2) but subject to sub-section (2A), where
a claimant or pensioner-

   (a)  has attained the age of 70 years;

   (b)  is in receipt of, or is qualified to receive, an age pension; and

   (c)  is a person referred to in paragraph (1A) (a) or a person in relation
        to whom a direction under sub-section (1AAA) is in force, the annual
        rate at which that pension is determined shall not be less than-

   (d)  if the person is an unmarried person and has an annual rate of income
        exceeding $10,400-$2,675.40 per annum reduced by one-half of the
        amount per annum by which the annual rate of income of the person
        exceeds $10,400;

   (e)  if the person is a married person and has an annual rate of income
        exceeding $8,658-$2,675.40 per annum reduced by one-half of the amount
        per annum by which the annual rate of income of the person exceeds
        $8,658; or

   (f)  in any other case-$2,675.40 per annum.

''(2AC) Notwithstanding sub-section (2), where a claimant or pensioner-

   (a)  has attained the age of 70 years;

   (b)  is in receipt of, or is qualified to receive, an age pension; and

   (c)  is not a person referred to in paragraph (1A) (a) or a person in
        relation to whom a direction under sub-section (1AAA) is in force, the
        annual rate at which that pension is determined shall not be less
        than-

   (d)  if the person has an annual rate of income exceeding $8,658-$2,230.80
        per annum reduced by one-half of the amount per annum by which the
        annual rate of income of the person exceeds $8,658; or

   (e)  in any other case-$2,230.80 per annum.''. 


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