Veterans’ Entitlements (Income Exempt Lump Sum – North Korean internment Compensation) Determination 2015

Link to law: https://www.comlaw.gov.au/Details/F2015L00117

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Veterans’ Entitlements Act 1986
 
Veterans’ Entitlements (Income Exempt Lump Sum – North Korean internment Compensation) Determination 2015
 
Instrument 2015 No. R17
 
I, MARK HARRIGAN, delegate of the Repatriation Commission, hereby determine under paragraph 5H(12)(c) of the Veterans’ Entitlements Act 1986 (VEA) that the amount specified in Part 2 is an exempt lump sum for the purposes of the definition of “ordinary income” in subsection 5H(1) of the VEA. 
 
 
 
 
 
Dated this      2nd                 day of February                                            2015
 
 
 
 
 
 
 
 
 
 
 
 
 
Mark Harrigan
…………………………………………………………
MARK HARRIGAN
Part 1: Preliminary and Interpretation
1.1    Name of determination
            This determination is the Veterans’ Entitlements (Income Exempt Lump     Sum – North Korean internment Compensation) Determination 2015.
1.2    Commencement
            This determination commences on the day after registration.
1.3    Revocation
            The Veterans’ Entitlements Income Exempt Lump Sum Determination        No. 7 of 2004 is revoked.
1.4    Definition
            In this determination:
 
            compensation payment means a compensation payment made under     Part 2 (Compensation payments for North Korean internment) of the   Veterans’ Entitlements (Clarke Review) Act 2004.
Part 2: Exempt Lump Sum
2.1    If a person receives a compensation payment, then the amount is an          exempt lump sum.