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Social Services Legislation Amendment (Fair and Sustainable Pensions) Bill 2015

2013-2014-2015

 

The Parliament of the

Commonwealth of Australia

 

HOUSE OF REPRESENTATIVES

 

 

 

 

Presented and read a first time

 

 

 

 

Social Services Legislation Amendment (Fair and Sustainable Pensions) Bill 2015

 

No.      , 2015

 

(Social Services)

 

 

 

A Bill for an Act to amend the law relating to social security and veterans’ entitlements, and for related purposes

   

   



Contents

1............ Short title............................................................................................. 1

2............ Commencement................................................................................... 1

3............ Schedules............................................................................................ 2

Schedule 1—Defined benefit income streams                                                        3

Social Security Act 1991                                                                                             3

Schedule 2—Proportional payment of pensions outside Australia           6

Social Security Act 1991                                                                                             6

Schedule 3—Assets test and concession cards                                                       7

Part 1—Assets test                                                                                                          7

Division 1—Main amendments                                                                                 7

Social Security Act 1991                                                                                             7

Veterans’ Entitlements Act 1986                                                                             13

Division 2—Other amendments                                                                               16

Social Services and Other Legislation Amendment (2014 Budget Measures No. 6) Act 2014          16

Part 2—Concession cards                                                                                          17

Social Security Act 1991                                                                                           17

Social Security (Administration) Act 1999                                                            20

Veterans’ Entitlements Act 1986                                                                             22

Schedule 4—Energy supplement replacing seniors supplement              24

Part 1—Main amendments                                                                                        24

Social Security Act 1991                                                                                           24

Social Security (Administration) Act 1999                                                            26

Veterans’ Entitlements Act 1986                                                                             28

Part 2—Consequential amendments                                                                     33

Income Tax Assessment Act 1997                                                                             33

Military Rehabilitation and Compensation Act 2004                                        33

Part 3—Transitional provisions                                                                               35

Schedule 5—Pensioner education supplement                                                    36

Part 1—Main amendments                                                                                        36

Social Security Act 1991                                                                                           36

Social Security (Administration) Act 1999                                                            38

Part 2—Other amendments                                                                                       40

A New Tax System (Family Assistance) Act 1999                                                 40

Farm Household Support Act 2014                                                                        40

Income Tax Assessment Act 1997                                                                             40

Part 3—Application and saving provisions                                                       41

Schedule 6—Education entry payment                                                                   43

Part 1—Main amendments                                                                                        43

Social Security Act 1991                                                                                           43

Social Security (Administration) Act 1999                                                            44

Veterans’ Entitlements Act 1986                                                                             44

Part 2—Other amendments                                                                                       46

Farm Household Support Act 2014                                                                        46

Income Tax Assessment Act 1936                                                                             46

Income Tax Assessment Act 1997                                                                             46

Taxation Administration Act 1953                                                                          47

Part 3—Application and saving provisions                                                       48

 

 



A Bill for an Act to amend the law relating to social security and veterans’ entitlements, and for related purposes

The Parliament of Australia enacts:

1   Short title

                   This Act may be cited as the Social Services Legislation Amendment (Fair and Sustainable Pensions) Act 2015 .

2   Commencement

             (1)  Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

 

Commencement information

Column 1

Column 2

Column 3

Provisions

Commencement

Date/Details

1.  Sections 1 to 3 and anything in this Act not elsewhere covered by this table

The day this Act receives the Royal Assent.

 

2.  Schedule 1

1 January 2016.

1 January 2016

3.  Schedule 2

1 January 2017.

1 January 2017

4.  Schedule 3, Part 1, Division 1

1 January 2017.

1 January 2017

5.  Schedule 3, Part 1, Division 2

The day this Act receives the Royal Assent.

 

 

6.  Schedule 3, Part 2

1 January 2017.

 

1 January 2017

7.  Schedule 4

20 June 2015.

20 June 2015

8.  Schedules 5 and 6

1 January 2016.

1 January 2016

Note:          This table relates only to the provisions of this Act as originally enacted. It will not be amended to deal with any later amendments of this Act.

             (2)  Any information in column 3 of the table is not part of this Act. Information may be inserted in this column, or information in it may be edited, in any published version of this Act.

3   Schedules

                   Legislation that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.