Social Security (Deeming Threshold Rates) Determination 2015 (No. 1)

Link to law: https://www.comlaw.gov.au/Details/F2015L00312

Social Security (Deeming Threshold Rates) Determination 2015 (No. 1)
I, Scott Morrison, Minister for Social Services, acting under section 1082 of the Social Security Act 1991 make this Determination.
Dated: 6 March 2015
 
 
 
Scott Morrison
 
Minister for Social Services
 
1          Name of Determination
            This Determination is the Social Security (Deeming Threshold Rates) Determination 2015 (No. 1).
2          Commencement
            This Determination commences on 20 March 2015.
3          Revocation of previous Determination
            The Social Security (Deeming Threshold Rates) Determination 2013 (No. 2) is revoked.
 
4          Interpretation
            In this Determination:
Act means the Social Security Act 1991.
5          Below threshold rate
            For subsection 1082(1) of the Act, the below threshold rate for Division 1B of Part 3.10 of the Act is 1.75 per cent.
6          Above threshold rate
            For subsection 1082(2) of the Act, the above threshold rate for Division 1B of Part 3.10 of the Act is 3.25 per cent.
 
Read Entire Law on www.comlaw.gov.au