Social Security Amendment (Liquid Assets Waiting Period) Act 2009 (25 of 2009)

Schedule 1   Amendments

Part 1   Main amendments

Social Security Act 1991

3   At the end of section 14A

Add:

(6A) This section has effect for the purposes of Parts 2.11, 2.11A, 2.12 and 2.14 during the designated period as if:

(a) the reference in paragraph (a) of the definition of maximum reserve in subsection (1) to $2,500 were a reference to $5,000; and

(b) the reference in paragraph (b) of that definition to $5,000 were a reference to $10,000.

(6B) For the purposes of subsection (6A), the designated period is the period beginning on 1 April 2009 and ending at the end of:

(a) 31 March 2011; or

(b) if a later date is determined by the Minister by legislative instrument - that later date.