59V
CurrentRate reduction under both income/assets test and this Part
Volume 2Parts IIIB to VA, sections 46 to 93ZG
Part IIICCompensation recovery
Division 3Receipt of compensation
59V Rate reduction under both income/assets test and this Part
If:
(a)
the rate of a person’s compensation affected pension is to be reduced under this Part; and
(b)
the rate of the person’s pension is reduced under the ordinary/adjusted income test Module or the assets test Module of the Rate Calculator;
the reduction under this Part is to apply to the person’s pension as reduced under the ordinary/adjusted income test Module or the assets test Module of the Rate Calculator.
This Act’s bill:Second reading speech
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