Last bonus period a part‑year period
23 Last bonus period a part‑year period
If a person’s last bonus period is a part‑year period, the lodgment period for a claim by the person for pension bonus is:
the period of 13 weeks beginning at the end of that bonus period; or
if the Secretary allows a longer period—that longer period.
However, this subsection does not apply if:
the person is an exempt partnered person (see subsection 24(2)) at the end of the person’s last bonus period; or
the person’s membership of the pension bonus scheme becomes non‑accruing immediately after the end of the person’s last bonus period; or
the person is a post‑75 member of the pension bonus scheme and has a post‑75 work period (see subsection 26(2)).
If:
subsection (1) applies to a person’s claim for pension bonus; and
the claim is lodged within a period allowed under paragraph (1)(b);
Division 6 of Part 2.2A of the 1991 Act has effect, in relation to the calculation of the amount of that pension bonus, as if the person had not accrued the part‑year bonus period.
This Act’s bill:Explanatory memorandumSecond reading speech
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