Retirement Savings Accounts Regulations (Amendment) 1998
(178 of 1998)
30 June 1998
Made under Retirement Savings Accounts Act 1997
1. Commencement
1.1 This regulation and regulations 2 and 3 are taken to have commenced on 1 January 1998.
1.2 Regulation 4 commences on 1 July 1998.
2. Amendment
2.1 The Retirement Savings Accounts Regulations are amended as set out in these regulations.
3. Regulation 4.01 (Interpretation)
3.1 Subregulation 4.01 (2) (definition of Commonwealth income support payment ):
Omit "Social Security Act 1991;", substitute "Social Security Act1991; or
(e) a drought relief payment under the Farm Household Support Act 1992 as in force immediately before the commencement of the Farm Household Support Amendment (Restart and Exceptional Circumstances) Act 1997; or
(f) an exceptional circumstances relief payment under the Farm Household Support Act 1992; or
(g) a payment of salary or wages made under the employment scheme of the Commonwealth that is known as the Community Development Employment Projects Scheme;".
4. Regulation 4.01 (Interpretation)
4.1 Subregulation 4.01 (2) (definition of Commonwealth income support payment ):
Omit the definition, substitute:
" Commonwealth income support payment means:
(a) an income support supplement, service pension or social security pension as defined in subsection 23 (1) of the Social Security Act 1991; or
(b) a social security benefit as defined in that subsection, other than:
(i) an austudy payment; or
(ii) a youth allowance paid to a person who is undertaking full-time study; or
(c) a drought relief payment under the Farm Household Support Act 1992 as in force immediately before the commencement of the Farm Household Support Amendment (Restart and Exceptional Circumstances) Act 1997; or
(d) an exceptional circumstances relief payment under the Farm Household Support Act 1992; or
(e) a payment of salary or wages made under the employment scheme of the Commonwealth that is known as the Community Development Employment Projects Scheme.".