(1) Subject to this section, the Commission may grant an allowance, called decoration allowance, to a veteran who has been awarded an eligible decoration or eligible decorations if the veteran:
(a) is in receipt of a pension under Part II; or
(b) would be in receipt of a pension under Part II but for:
(i) the cancellation, under subsection 124(1), of a pension that had been granted to the veteran under Part II; or
(4) Decoration allowance granted to a veteran under this section is payable at the rate of $2.10 per fortnight.
(5) In this section:
"eligible decorations" means:
(a) the following decorations awarded for gallantry during a war to which this Act applies or during warlike operations:
(i) the Victoria Cross;
(ii) the Cross of Valour;
(iii) the Star of Courage;
(iv) the Distinguished Service Order;
(v) the Distinguished Service Cross;
(vi) the Military Cross;
(vii) the Distinguished Flying Cross;
(viii) the Distinguished Conduct Medal;
(ix) the Conspicuous Gallantry Medal;
(x) the Distinguished Service Medal;
(xi) the Military Medal;
(xii) the Distinguished Flying Medal;
(xiii) the member of the Most Excellent Order of the British Empire (Military Division);
(xiv) the Medal of the Most Excellent Order of the British Empire (Military Division) (1919 - 1958);
(xv) the Medal of the Most Excellent Order of the British Empire (Military Division) with Gallantry Emblem (1958 - 1974);
(xvi) the Victoria Cross for Australia;
(xvii) the Star of Gallantry;
(xviii) the Medal for Gallantry; and
(b) the George Cross; and
(c) the George Medal; and
(d) such other decorations, awarded for gallantry during a war to which this Act applies or during warlike operations, as are prescribed.