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SOCIAL SECURITY AMENDMENT ACT (No. 2) 1993 No. 120, 1993 - SECT 3
Benefit Rate Calculator B
3. The Rate Calculator in section 1068 of the Principal Act is amended:
(a) by omitting items 3 and 4 from Table B in point 1068-B1 and
substituting the following items:
"3. Not member of couple and person:
(a) receives job search allowance or sickness allowance; and
(b) has turned 21 but has not turned 60
$312.10
$282.70
4. Not member of couple and person:
(a) receives job search allowance or sickness allowance; and
(b) has turned 60; and
(c) has not been receiving social security benefit continuously for at
least 6 months $312.10
$282.70
4A. Not member of couple and person:
(a) receives newstart allowance; and
(b) has turned 21 but has not turned 60
$312.10
$282.70
4B. Not member of couple and person:
(a) receives newstart allowance; and
(b) has turned 60; and
(c) has not been receiving social security benefit continuously for at
least 6 months
$312.10
$282.70";
(b) by adding after point 1068-B2 the following points in Module B:
"1068-B3. On 20 March 1994 the amounts specified in items 3, 4, 4A and 4B in
column 3B of Table B in point 1068-B1 are increased by $6.00. The increase is
to be made after the indexation of the amounts on that day has occurred.
"1068-B4. The amounts in items 3, 4, 4A and 4B in columns 3A and 3B of Table B
in point 1068-B1 are to be indexed on 20 September 1993 and 20 March 1994
under section 1192 as if Part 2 of the Social Security Amendment Act (No. 2)
1993 had commenced on 1 September 1993.".
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