Clean Energy (Household Assistance Amendments) Act 2011 (141 of 2011)

Schedule 3   Clean energy payments under the Veterans' Entitlements Act

Part 2   Clean energy supplements and quarterly clean energy supplement

Veterans' Entitlements Act 1986

24   Section 118PB

Repeal the section, substitute:

118PB Rate of seniors supplement

(1) The person's daily rate of seniors supplement, for a particular day, is 1/364 of the total of:

(a) the amount worked out by:

(i) applying the applicable percentage in the following table to the combined couple rate of minimum pension supplement; and

(ii) rounding the result of subparagraph (i) up or down to the nearest multiple of $2.60 (rounding up if that result is not a multiple of $2.60 but is a multiple of $1.30); and

(b) if subsection (2) applies to the person on the day - the amount worked out by:

(i) applying the applicable percentage in the following table to the clean energy pension rate; and

(ii) rounding the result of subparagraph (i) up or down to the nearest multiple of $2.60 (rounding up if that result is not a multiple of $2.60 but is a multiple of $1.30).

Note 1: For combined couple rate of minimum pension supplement see subsection 5GA(2).

Note 2: For clean energy pension rate see subsection 5GB(6).

Note 3: For member of a couple , partnered , illness separated couple and respite care couple see subsections 5E(1) and (5) and 5R(5) and (6) respectively.

Note 4: Section 65A may affect the person's entitlement to the increase in rate of seniors supplement as a result of paragraph (1)(b).

When clean energy pension rate affects seniors supplement rate

(2) This subsection applies to a person on a day if on that day the person is residing in Australia and either:

(a) is in Australia; or

(b) is temporarily absent from Australia and has been so for a continuous period not exceeding 13 weeks; and