Commonwealth Numbered Acts

SOCIAL SECURITY LEGISLATION AMENDMENT ACT 1993 No. 36, 1993 - SECT 40

40. Section 1074C of the Principal Act is amended:
(a) by omitting from subsection (2) "increases to be made under section
1074B" and substituting " investment-related increases in income made";

   (b)  by adding at the end the following subsection:

"(3) For the purposes of subsection (2), an 'investment-related increase in
income' is an increase in the person's ordinary income on a yearly basis:

   (a)  that is made under section 1074B; or

   (b)  that:

        (i)    is attributable to an investment to which Subdivision B
               applies; and

        (ii)   is not attributable to a realisation to which section 1075,
               1077 or 1080 applies.".