Explanatory Memorandum
(Circulated by authority of the Minister for Veterans' Affairs, The Honourable Bruce Billson MP)Outline and Financial Impact
Outline
The amendments in this Bill, to various provisions in the Veterans' Entitlements Act 1986 , the Military Rehabilitation and Compensation Act 2004 , the Military Rehabilitation and Compensation (Consequential and Transitional Provisions) Act 2004 , the Income Tax Assessment Act 1936 and the Income Tax Assessment Act 1997 will enhance or streamline Veterans' Affairs administrative practices, align the Veterans' Entitlements Act 1986 with the Social Security Act 1991 and make minor changes to certain income support regimes. The Bill also contains a number of minor and technical amendments.
Financial Impact
The amendments have a negligible financial impact.