Social Security (Partially Asset-test Exempt Income Stream ‑ Exemption) (FaHCSIA) Amendment Principles 2010 (No. 1)
Social Security Act 1991
I, JEFFREY ALLAN HARMER, Secretary of the Department of Families, Housing, Community Services and Indigenous Affairs, make these Principles under subsection 1118(1A) of the Social Security Act 1991.
Dated 9th February 2010
J Harmer
1 Name of Principles
These Principles are the Social Security (Partially Asset-test Exempt Income Stream ‑ Exemption) (FaHCSIA) Amendment Principles 2010 (No. 1).
2 Commencement
These Principles commence on the day after they are registered.
3 Amendment of Social Security (Partially Asset-test Exempt Income Stream – Exemption) (FACS) Principles 2005
Schedule 1 amends the Social Security (Partially Asset-test Exempt Income Stream ‑ Exemption) (FACS) Principles 2005.
Schedule 1 Amendments
(section 3)
[1] Section 1
substitute
1 Name of Principles
These Principles are the Social Security (Partially Asset-test Exempt Income Stream ‑ Exemption) (FaHCSIA) Principles 2005.
[2] Section 4 Definitions
After the definition of life company
insert
partner has the meaning given by subsection 4(1) of the Act.
[3] Paragraph 7(b)
omit
primary beneficiary’s spouse (or former spouse)
insert
primary beneficiary’s partner (or former partner)
[4] Paragraph 7(c)
omit
spouse (or former spouse)
insert
partner (or former partner)
[5] Paragraph 8(b)
omit
primary beneficiary’s spouse (or former spouse)
insert
primary beneficiary’s partner (or former partner)