Commonwealth Consolidated Acts

VETERANS' ENTITLEMENTS ACT 1986 - SECT 53E

  (1)   This section applies to a veteran if:

  (a)   the veteran is permanently blind; or

  (b)   the veteran's rate of service pension is neither income reduced nor assets reduced; or

  (c)   the veteran's rate of service pension is either income reduced or assets reduced, but the reduction does not exceed the income/assets reduction limit applicable to the veteran.

Note:   For income/assets reduction limit see subsection   (2).

  (2)   The income/assets reduction limit applicable to a veteran is worked out by using Table 53E. Work out which item in the table applies to the veteran by identifying his or her family situation. The applicable income/assets reduction limit is the amount in column 3 of that item.

Note 1:   For member of a couple and partnered see section   5E.

Note 3:   Members of illness separated and respite care couples are covered by item   2 of the table.

Note 4:   The basic reduction and additional reduction are indexed 6 monthly in line with CPI increases (see sections   59B to 59E).

  (3)   If, on a particular day:

  (a)   the annual rate of a veteran's ordinary income increases; and

  (b)   as a result of the increase, the veteran's rate of service pension is income reduced by an amount that is not more than 150% of the income/assets reduction limit applicable to the veteran;

this section continues to apply to the veteran until:

  (c)   the end of the period of 13 weeks starting on that day; or

  (d)   the reduction exceeds 150% of the income/assets reduction limit applicable to the veteran;

whichever happens first.