Social Security and Other Legislation Amendment (Supporting the Transition to Work) Act 2023 (106 of 2023)
Schedule 1 Pensioner work bonus
Social Security Act 1991
3 Subsection 1073AB(2) (example)
Repeal the example, substitute:
Example: John has an unused concession balance of $11,700. John has $100 of work bonus income in an instalment period of 14 days.
Instead of John's unused concession balance increasing to $11,900 under subsection 1073AA(4A), John's unused concession balance increases to $11,800.
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