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Title

Schedule 4—Indexation of above general rates

Database

Bills & Legislation

Long Title

a Bill for an Act to amend the law relating to veterans’ entitlements, military rehabilitation and compensation and social security, and for related purposes

Date

21-10-2021 10:02 AM

Source

House of Reps

Parl No.

46

Bill Number

111/21

Bill Type

Government

Portfolio

Veterans’ Affairs

Reps Bill Code

M

Status

Act

System Id

legislation/bills/r6769_first-reps/0004


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Schedule 4—Indexation of above general rates

Schedule 4 — Indexation of above general rates

   

Veterans’ Entitlements Act 1986

1  Subsection 198(5E)

Repeal the subsection, substitute:

Indexation of each above general rate

          (5E)  This Act has effect as if, on each adjustment day, there were substituted, for each above general rate, the rate worked out using the following formula and rounded up to the nearest $0.10:

                  

2  Application provision

The amendment made by this Schedule applies in relation to each adjustment day that occurs after the commencement of this item.