Commonwealth Numbered Acts

SOCIAL SECURITY AND VETERANS' AFFAIRS LEGISLATION AMENDMENT ACT 1988 No. 135, 1988 - SECT 14

14. (1) Section 50 of the Principal Act is amended:

   (a)  by inserting in subsection (1) ", other than an ineligible property
owner," after "person" (first occurring);

   (b)  by omitting from paragraph (1) (a) "rent at a rate exceeding $780" and
        substituting "rent, other than Government rent, at a rate exceeding
        $1,040";

   (c)  by omitting paragraph (2) (a) and substituting the following
        paragraph:

"(a) the maximum amount in relation to the person;";

   (d)  by omitting paragraph (2) (b) and substituting the following
        paragraph:

"(b) the amount worked out using the formula:
1/2 X (ARP-RT)
where:
ARP is the annual rent paid or payable by the person;
RT is the amount specified in paragraph (1) (a).";

   (e)  by adding at the end the following subsection:

"(3) In this section:
'maximum amount', in relation to a person, means:

   (a)  if there is at least one dependent child of the person for whom there
        is, within the meaning of section 49, an applicable amount-$1,040; or

   (b)  in any other case-$780.". Commencement: 13 June 1989

(2) Section 50 of the Principal Act is amended by omitting paragraphs (a)
and (b) of the definition of "maximum amount" in subsection (3) and
substituting the following paragraphs:

"(a) if there are 3 or more dependent children of the person for whom there
are, within the meaning of section 49, applicable amounts-$1,560;

   (b)  if there are only one or 2 dependent children of the person for whom
        there are, within the meaning of section 49, applicable
        amounts-$1,300; and

   (c)  in any other case-$1,040.". Commencement: 13 June 1990