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Title

A New Tax System (Bonuses for Older Australians) Bill 1999

Database

Bills & Legislation

Long Title

a Bill for an Act to implement A New Tax System by providing bonus payments to older Australians, and for related purposes

Date

02-12-1998 12:00 AM

Source

House of Reps

Parl No.

39

Bill Number

1998/213

Bill Type

Government

Portfolio

Family and Community Services portfolio

Reps Bill Code

M

Status

Act

System Id

legislation/bills/r663_first-reps/0005


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A New Tax System (Bonuses for Older Australians) Bill 1999

Part 5 — Other matters

   

55   Bonus payment not income under Social Security Act or Veterans’ Entitlements Act

                   A bonus payment under Part 2, 3 or 4 is taken not to be income for the purposes of:

                     (a)  the Social Security Act 1991 ; and

                     (b)  the Veterans’ Entitlements Act 1986 .
56   Appropriation

                   The Consolidated Revenue Fund is appropriated for the purpose of making payments under this Act.
57   Regulations

                   The Governor-General may make regulations prescribing matters:

                     (a)  required or permitted by this Act to be prescribed; or

                     (b)  necessary or convenient to be prescribed for carrying out or giving effect to this Act.