House of Representatives

Student Assistance (Youth Training Allowance) (Transitional Provisions and Consequential Amendments) Bill 1994

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.


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