Explanatory Memorandum
(Circulated by the authority of the Minister for Industry, Science and Technology, Senator the Hon Peter Cook)SCHEDULE 2
NEW PART 3.5A TO BE INSERTED IN THE SOCIAL SECURITY ACT 1991
PART 3.5A - SICKNESS ALLOWANCE RATE CALCULATOR
As indicated above, in the commentary on Schedule 1, a new Sickness Allowance Rate Calculator will be inserted into the Social Security Act 1991.
The new Rate Calculator will apply to all sickness allowance clients unless the client was a transferee from JSA to SA or is under 18, was receiving SA immediately before 1 January 1995 and continues to do so after that date.
The new Sickness Allowance Rate Calculator is the same as the new Rate Calculator, inserted by Schedule 1 in clause 15 of the Student Assistance (Youth Training Allowance) Amendment Bill 1994
The features of the new Rate Calculator are explained in the explanatory memorandum to that Bill.