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2015 No. R17 Determinations/Veterans' Entitlements as made
This instrument determines an amount to be an 'exempt lump sum' for the purposes of paragraph 5H(12)(c) of the Veterans' Entitlements Act 1986. An exempt lump sum is not income for the purposes of the means test for certain pensions. The exempt lump under this instrument is a compensation payment made under Part 2 (Compensation payments for North Korean internment) of the Veterans’ Entitlements (Clarke Review) Act 2004.
Administered by: Veterans' Affairs
Registered 06 Feb 2015
Tabling HistoryDate
Tabled HR09-Feb-2015
Tabled Senate10-Feb-2015

 

 

Veterans’ Entitlements Act 1986

 

Veterans’ Entitlements (Income Exempt Lump Sum – North Korean internment Compensation) Determination 2015

 

Instrument 2015 No. R17

 

I, MARK HARRIGAN, delegate of the Repatriation Commission, hereby determine under paragraph 5H(12)(c) of the Veterans’ Entitlements Act 1986 (VEA) that the amount specified in Part 2 is an exempt lump sum for the purposes of the definition of “ordinary income” in subsection 5H(1) of the VEA

 

 

 

 

 

Dated this      2nd                 day of February                                            2015

 

 

 

 

 

 

 

 

 

 

 

 

 

Mark Harrigan

…………………………………………………………

MARK HARRIGAN


Part 1: Preliminary and Interpretation

1.1    Name of determination

            This determination is the Veterans’ Entitlements (Income Exempt Lump     Sum – North Korean internment Compensation) Determination 2015.

1.2    Commencement

            This determination commences on the day after registration.

1.3    Revocation

            The Veterans’ Entitlements Income Exempt Lump Sum Determination        No. 7 of 2004 is revoked.

1.4    Definition

            In this determination:

 

            compensation payment means a compensation payment made under     Part 2 (Compensation payments for North Korean internment) of the   Veterans’ Entitlements (Clarke Review) Act 2004.

Part 2: Exempt Lump Sum

2.1    If a person receives a compensation payment, then the amount is an          exempt lump sum.