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No. R7/2009 Determinations/Veterans' Entitlements as made
This Determination exempts a certain payment from the definition of "ordinary income" in the Veterans' Entitlements Act 1986 which means the payment is not assessed as income under the means test for an income-support payment. The payment covered by the instrument is a one-off cash payment made eligible to Manchester Unity (Health Fund) members in consideration of the cancellation of their Manchester Unity membership.
Administered by: Veterans' Affairs
Registered 15 Jan 2009
Tabling HistoryDate
Tabled HR03-Feb-2009
Tabled Senate03-Feb-2009
Date of repeal 19 Mar 2014
Repealed by Veterans' Affairs (Spent and Redundant Instruments) Repeal Regulation 2014

Repatriation Commission

Veterans’ Entitlements Act 1986

Veterans’ Entitlements Income (Exempt Lump Sum —Manchester Unity and HCF Merger Payment) Determination

 

Instrument No. R7/2009

I, RIC MOORE, Senior Executive Band 1 (Compensation and Income Support Policy Group), Department of Veterans’ Affairs, and delegate of the Repatriation Commission, determine, under paragraph 5H(12)(c) of the Veterans’ Entitlements Act 1986 (VEA), that an amount specified in Part 2 of the Schedule as an exempt lump sum is an exempt lump sum for the purposes of the definition of “ordinary income” in subsection 5H(1) of the VEA.

 

 

Dated  5  January 2009

 

 

 

 

Ric Moore…………………..…………….……………………………….

RIC MOORE


SCHEDULE

Part 1: Preliminary and Interpretation

1.                Explanation

1.1             Paragraph 5H(12)(c) of the VEA enables the Repatriation Commission to determine that an amount, or one of a class of amounts, is an exempt lump sum.  The consequence of the determination is that the amount, or class of amounts, is not ordinary income for the purposes of the VEA.

1.2    Name of Determination

1.2.1       This determination is the Veterans’ Entitlements Income (Exempt Lump Sum – Manchester Unity and HCF Merger Payments) Determination No. R7 of 2009.

1.3           Commencement of Determination

1.3.1       This Determination commences on the 5 January 2009.

1.4           Definitions

1.4.1       In this Determination:

“income support payment” means a service pension or income support supplement.

“service pension” has the meaning given to service pension in subsection 5Q(1) of the VEA.

“income support supplement” means the payment called the income support supplement payable under Part IIIA of the VEA.

“cash payment”  means a one-off cash payment made to eligible Manchester Unity members (eligible member) in consideration of the cancellation of their Manchester Unity membership. These memberships are being cancelled as a result of the merger of Manchester Unity with the Hospitals Contribution Fund of Australia (HCF). The amount of cash payment that each eligible member receives will depend upon the type and style of policy held by the member and their duration of membership. Payments are expected to range from a minimum of $250 up to a maximum of $7,640, with the majority in the range of up to $3,000.

“eligible member” means a person who held, or had applied for, a health insurance or friendly society policy on or before 27 August 2008.

 

 

 

 

Part 2:   Exempt Lump Sum

2.                Exempt Lump Sum — Manchester Unity and HCF Merger Payment

 

2.1             Amount or class of amounts

(1)   Paragraph 5H (12)(c) of the VEA enables the Repatriation Commission to determine that an amount, or one of a class of amounts, is an exempt lump sum.

(2)   If:

(a)              a person or a person’s partner has received a one-off cash payment as a result of the merger of Manchester Unity with HCF; and

(b)              the person is in receipt of, or has claimed, an income support payment;

then any amount received by the person or the person’s partner, as a cash payment is an exempt lump sum.


2.2             Application – Exempt Lump Sums

I determine that an amount, or class of amounts, paid to a person as mentioned in paragraph 2.1 (2)(a) is an exempt lump sum for the purposes of paragraph 5H (12) (c) of the VEA from the date that the payment is made.