Veterans' Entitlements Act 1986

This section applies to a veteran if:

the veteran is permanently blind; or

the veteran’s rate of service pension is neither income reduced nor assets reduced; or

the veteran’s rate of service pension is either income reduced or assets reduced, but the reduction does not exceed the income/assets reduction limit applicable to the veteran.

For income/assets reduction limit see subsection (2).

The income/assets reduction limit applicable to a veteran is worked out by using Table 53E. Work out which item in the table applies to the veteran by identifying his or her family situation. The applicable income/assets reduction limit is the amount in column 3 of that item.

For member of a couple and partnered see section 5E.

Members of illness separated and respite care couples are covered by item 2 of the table.

The basic reduction and additional reduction are indexed 6 monthly in line with CPI increases (see sections 59B to 59E).

If, on a particular day:

the annual rate of a veteran’s ordinary income increases; and

as a result of the increase, the veteran’s rate of service pension is income reduced by an amount that is not more than 150% of the income/assets reduction limit applicable to the veteran;

the end of the period of 13 weeks starting on that day; or

the reduction exceeds 150% of the income/assets reduction limit applicable to the veteran;