Commonwealth Numbered Acts
[Index]
[Table]
[Search]
[Search this Act]
[Notes]
[Noteup]
[Previous]
[Next]
[Download]
[Help]
SOCIAL SECURITY LEGISLATION AMENDMENT ACT (No. 2) 1992 No. 229, 1992 - SECT 69
Rounding off instalment
69. Section 718 of the Principal Act is amended by inserting after subsection
(2) the following subsections:
"(2A) If:
(a) an amount of pharmaceutical allowance is added to a person's maximum
basic rate in working out the amount of an instalment of sickness
allowance; and
(b) apart from this subsection, the amount of the instalment would be less
than the person's fortnightly PA rate; the amount of the instalment is
to be increased to the person's fortnightly PA rate.
"(2B) For the purposes of subsection (2A), the person's fortnightly PA rate
is:
pharmaceutical allowance rate X N where:
'pharmaceutical allowance rate' is the fortnightly amount of pharmaceutical
allowance added to the person's maximum basic rate in working out the amount
of the instalment;
'N' is:
(a) if the instalment is for a number of whole fortnights-the number of
fortnights; or
(b) if the instalment is for a period of less than a fortnight-equal to:
week days in period; or
10
(c) if the instalment is for a period that consists of a number of whole
fortnights and a period of less than a fortnight-equal to:
number of whole fortnights + week days in short period.".
10
AustLII: Copyright Policy
| Disclaimers
| Privacy Policy
| Feedback