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SOCIAL SECURITY AND VETERANS' ENTITLEMENTS (MAINTENANCE INCOME TEST) AMENDMENT ACT 1988 No. 13, 1988 - SECT 9
Rate of widow's pension
9. Section 48 of the Principal Act is amended:
(a) by omitting paragraph (3) (a) and substituting the following
paragraph:
"(a) 50% of the aggregate of:
(i) the amount (if any) per annum by which the annual rate of
income of the widow exceeds $2,080; and
(ii) the amount (if any) per annum by which the annual rate of
maintenance income of the widow exceeds the annual maintenance
free area of the widow; or";
(b) by inserting after subsection (3) the following subsection:
"(3A) Where a widow who is qualified to receive a widow's pension has special
maintenance income the annual rate of which exceeds the aggregate of:
(a) 50% of the maximum rate of widow's pension applicable to the widow,
including any increase applicable under paragraph (1) (a) or section
50; and
(b) the annual maintenance free area of the widow;
the excess shall be disregarded for the purposes of subparagraph (3) (a)
(ii).".
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