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

Schedule 1   Amendments

Part 2   Application and transitional provisions

6   Persons subject to liquid assets test waiting period at beginning and end of designated period

Persons subject to liquid assets test waiting period at beginning of designated period

(1) The amendments made by items 1, 2 and 3 of this Schedule apply in relation to a person if:

(a) the person is subject to a liquid assets test waiting period on 1 April 2009; and

(b) the liquid assets test waiting period started before that date.

(2) If the application of the amendments made by items 1, 2 and 3 of this Schedule would result in the person’s liquid assets test waiting period ending before 1 April 2009, the person’s liquid assets test waiting period is taken to end on 31 March 2009.

Persons subject to liquid assets test waiting period after end of designated period

(3) Subsection 14A(6A) of the Social Security Act 1991 continues to have effect in relation to a person after the end of the designated period if:

(a) the person is subject to a liquid assets test waiting period on the day after the end of the designated period; and

(b) the liquid assets test waiting period started before the end of the designated period.

Definitions

(4) In this item:

designated period means the designated period referred to in subsection 14A(6B) of the Social Security Act 1991.

liquid assets test waiting period means a liquid assets test waiting period under Part 2.11, 2.11A, 2.12 or 2.14 of the Social Security Act 1991.