Commonwealth Numbered Acts

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A NEW TAX SYSTEM (BONUSES FOR OLDER AUSTRALIANS) ACT 1999 - SECT 4

Definitions
In this Part, unless the contrary intention appears:

"annual business and wages income" has the meaning given by section 7.

"annual retirement income "has the meaning given by sections 5 and 6.

"annual savings and investment income "has the meaning given by sections 5 and 6.

"Australian resident "has the same meaning as in the Social Security Act 1991 .

"bereavement allowance "has the same meaning as in the Social Security Act 1991 .

"business" includes any profession, trade, employment, vocation or calling, but does not include occupation as an employee.

"carer service pension "has the same meaning as in the Veterans' Entitlements Act 1986 .

"deprived asset "has the same meaning as in the Social Security Act 1991 .

"disqualifying payment "means any of the following:

(a)
a social security pension (other than a bereavement allowance);

(b)
a social security benefit;

(c)
a service pension;

(d)
a carer service pension;

(e)
an income support supplement.

"Family and Community Services customer "has the meaning given by section 8.

"financial asset "has the same meaning as in the Social Security Act 1991 .

"financial investment "has the same meaning as in the Social Security Act 1991 .

"income support supplement "has the same meaning as in the Veterans' Entitlements Act 1986 .

"income tax return "has the same meaning as in the Income Tax Assessment Act 1997 .

"income year "has the same meaning as in the Income Tax Assessment Act 1997 .

"member of a couple "has the same meaning as in the Social Security Act 1991 .

"partner "has the same meaning as in the Social Security Act 1991 .

"proper claim" has the meaning given by section 8.

"qualifying year" means the year commencing on 1 July 1998 or the year commencing on 1 July 1999.

"salary and wages" has the meaning given by section 10A of the Social Security Act 1991 .

"savings and investments "includes financial investments.

"Secretary "means the Secretary to the Department.

"service pension "has the same meaning as in the Veterans' Entitlements Act 1986 .

"social security benefit "has the same meaning as in the Social Security Act 1991 .

"social security pension "has the same meaning as in the Social Security Act 1991 .



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