Commonwealth Numbered Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

SOCIAL SECURITY (BUDGET AND OTHER MEASURES) LEGISLATION AMENDMENT ACT 1993 No. 121, 1993 - SECT 72

Insertion of new sections
72. After section 1163 of the Principal Act the following sections are
inserted in Division 1 of Part 3.14: Certain lump sums to be treated as though
they were received as periodic payments

"1163A. If:

   (a)  a person is entitled to periodic payments under a law of a State or
        Territory; and

   (b)  the person's entitlement to the periodic payments is converted under
        the law of the State or Territory into an entitlement to a lump sum;
        and

   (c)  the lump sum is calculated by reference to a period; and

   (d)  the lump sum is to be paid to the person in 2 or more instalments;
        this Part applies to the person as if:

   (e)  the person had not received the instalments; and

   (f)  the person had received in each fortnight during the period a periodic
        compensation payment equal to:
lump sum amount
number of fortnights in the period where: 'lump sum amount' is the amount of
the lump sum referred to in paragraph (b); 'number of fortnights in the
period' is the number of whole fortnights in the period referred to in
paragraph (c). Effect of certain State and Territory laws

"1163B. If:

   (a)  a law of a State or Territory provides for the payment of
        compensation; and

   (b)  the law includes a provision to the effect that a person's
        compensation under the law is to be or may be reduced or cancelled if
        the person is qualified for or receives payments under this Act; this
        Act applies as if the person had received under the law the
        compensation that the person would have received under the law if the
        provision referred to in paragraph (b) had not been enacted. Note: An
        example of a law to which this provision is directed is section 45 of
        the New South Wales Workers' Compensation Act 1987 as in force on 1
        August 1993.". 


AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback