Payment of MRCA supplement
224 Payment of MRCA supplement
MRCA supplement generally payable fortnightly
Unless a determination under subsection (2) is in force in relation to the person, a person’s MRCA supplement under section 221 is payable on each pension payday (within the meaning of subsection 5Q(1) of the VEA) on which:
the person is eligible for the MRCA supplement; and
the MRCA supplement is payable to the person.
If there is a trustee under section 432, then the MRCA supplement would be payable to the trustee.
MRCA supplement may be payable weekly
The Commission may determine, in writing, that a person’s MRCA supplement under section 221 is payable in 2 payments (the part payments) if the person is a member of a class specified under subsection (4).
A determination made under subsection (2) is not a legislative instrument.
The Commission may, by legislative instrument, specify a class of persons for the purposes of subsection (2).
The first of the part payments:
is an amount equal to one half of the rate of veterans supplement that is payable from time to time under section 118D of the VEA; and
is payable on each Thursday that is not a pension payday (within the meaning of subsection 5Q(1) of that Act) on which:
the person is eligible for the MRCA supplement; and
the MRCA supplement is payable to the person.
If there is a trustee under section 432, then the MRCA supplement would be payable to the trustee.
The other of the part payments:
is an amount equal to one half of the rate of veterans supplement that is payable from time to time under section 118D of the VEA; and
is payable 7 days after the first of the part payments is payable to the person.
If there is a trustee under section 432, then the MRCA supplement would be payable to the trustee.
If a person’s MRCA supplement under section 221 is payable in part payments, it is taken for the purposes of this Act that:
a single supplement is payable on each pension payday (within the meaning of subsection 5Q(1) of the VEA); and
that supplement is payable when the last of the part payments is, or is to be, made; and
the amount of that supplement is equal to the total of the part payments.
However, sections 426 and 431 (about deductions of amounts) apply as if each of the part payments were a separate supplement.
This Act’s bill:Explanatory memorandumSecond reading speech
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