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SOCIAL SERVICES AND OTHER LEGISLATION AMENDMENT ACT 2014 (NO. 14, 2014) - SCHEDULE 8

Pension bonus scheme

   

Social Security Act 1991

1  Section 92A

Omit:

•       A person who wants to get a pension bonus must register as a member of the pension bonus scheme .

substitute:

•       A person who wants to get a pension bonus must register as a member of the pension bonus scheme . An application for registration cannot be made on or after 1 July 2014.

2  Section 92D

Before "A", insert "(1)".

3  At the end of section 92D

Add:

             (2)  However, a person cannot make an application on or after 1 July 2014.

4  Subsections 92H(1) and (2) (notes)

Repeal the notes.

5  Subsections 92H(3) to (7)

Repeal the subsections.

6  Saving provision

Despite the amendments made by this Schedule, if:

                     (a)  before the commencement of this item, an application under section 92D of the Social Security Act 1991 was lodged; and

                     (b)  the application was lodged during an extended period referred to in subsection 92H(3) of that Act;

then that subsection, as in force immediately before the commencement of this item, continues to apply on and after that commencement in relation to that application.

Veterans' Entitlements Act 1986

7  Section 45T

Omit:

•       A person who wants to get a pension bonus must register as a member of the pension bonus scheme .

substitute:

•       A person who wants to get a pension bonus must register as a member of the pension bonus scheme . An application for registration cannot be made on or after 1 July 2014.

8  Section 45TD

Before "A", insert "(1)".

9  At the end of section 45TD

Add:

             (2)  However, a person cannot make an application on or after 1 July 2014.

10  Subsections 45TH(1) and (2) (notes)

Repeal the notes.

11  Subsections 45TH(3) to (7)

Repeal the subsections.

12  Saving provision

Despite the amendments made by this Schedule, if:

                     (a)  before the commencement of this item, an application under section 45TD of the Veterans' Entitlements Act 1986 was lodged; and

                     (b)  the application was lodged during an extended period referred to in subsection 45TH(3) of that Act;

then that subsection, as in force immediately before the commencement of this item, continues to apply on and after that commencement in relation to that application.



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