101
In forceAutomatic rate reduction—receipt of pension or veteran payment by person receiving parenting payment
Volume 1s 1-123ZO
Part 3Provision of benefits
Division 8Automatic cancellations and variations
Subdivision ASocial security payments
101 Automatic rate reduction—receipt of pension or veteran payment by person receiving parenting payment
If:
(a)
a person who is a member of a couple is receiving parenting payment; and
(b)
as a result of a social security pension, a service pension, income support supplement or a veteran payment becoming payable to the person, the rate at which parenting payment is payable to the person is reduced;
parenting payment becomes payable to the person at the reduced rate on the day on which the social security pension, the service pension, the income support supplement or the veteran payment, as the case may be, becomes payable to the person.
This Act’s bill:Explanatory memorandumSecond reading speech
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