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Wednesday, 27 May 1942

Senator KEANE (Victoria) (Minister for Trade and Customs) . - In Act No. 97 of 1940 assented to on the 17th December, 1940, which amended the Invalid and Old-age Pensions Act 1908- 1937 new section 47a was inserted. It reads as follows! - 47a. Whenever the maximum rate of pensions per annum is increased or reduced in pursuance of section twenty-four of this act the maximum rate of pension payable to a pensioner, immediately prior to the increase or reduction, in pursuance of sub-section (2.) of section thirty-one, the proviso to section fortyfive or section forty-seven of this act shall be increased or reduced by such amount, if any, as the Minister determines not exceeding a 104th part of the amount by which the maximum rate of pension per annum is increased or reduced in pursuance of section twenty-four of this act.

I suggest that the full pension should be automatically adjusted according to variations of the cost of living figure, but there is still the necessity for the Government of the day to have some power through the Minister administering the act. The officers inform me that the new clause contains a usual provision in legislation of this kind. I see nothing wrong with it.

Request agreed to.

Clauses 35 to 51 agreed to.

Title agreed to.

Bill reported with requests and amendments; report adopted.

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