Commonwealth Consolidated Acts

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SOCIAL SECURITY ACT 1991 - SECT 1061ZZAO

Maximum amount of financial supplement

  (1)   If:

  (a)   the person is undertaking, or intending to undertake, a short course; or

  (b)   the person is neither undertaking, nor intending to undertake, a short course and the person's eligibility period is less than a year;

the maximum amount of financial supplement for the eligibility period in respect of the person is worked out using the following Method statement.

Method statement

Step 1.   Multiply $2,000 by the number of days in the eligibility period.

Step 2.   Divide the result by the number of days in the year that includes the eligibility period.

  If the result is not a number of whole dollars, round the result up to the next number of whole dollars.

  (2)   If the person is neither undertaking, nor intending to undertake, a short course, and the person's eligibility period is a year, the maximum amount of financial supplement for the eligibility period in respect of the person is $2,000.

  (3)   This section has effect subject to Subdivision C.


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