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Social Security Exempt Lump Sum (Climate Change Adjustment Program Re-establishment Grant) (FaHCSIA) Determination 2008

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Social Security Exempt Lump Sum (Climate Change Adjustment Program Re-establishment Grant) (FaHCSIA) Determination 2008
Social Security Act 1991
I, Alanna Foster, Branch Manager, Seniors and Means Test Branch and a delegate of the Secretary of the Department of Families, Housing, Community Services and Indigenous Affairs, make this Determination under paragraph 8(11)(d) of the Social Security Act 1991[1].
 
Dated             12 June                               2008
 
 
 
A R Foster
Branch Manager, Seniors and Means Test Branch
 
 
Part 1        Preliminary
1                      Name of determination
                        This Determination is the Social Security Exempt Lump Sum (Climate Change Adjustment Program Re-establishment Grant) (FaHCSIA) Determination 2008.
2                      Commencement
                        This Determination commences on 1 July 2008.
3                      Interpretation
                        In this Determination:
                        Act means the Social Security Act 1991.
                        Re-establishment Grant means a one off Climate Change Adjustment Program Re-establishment Grant of up to $150,000.00 made to a person by the Commonwealth Government Department of Agriculture, Fisheries and Forestry under the Australia’s Farming Future Initiative 2008.
                        social security payment has the same meaning as in the Social Security Act 1991.
 
Part 2        Exempt Lump Sums
4                      Amount or class of amounts
(1)       Paragraph 8(11)(d) of the Act provides that the Secretary may determine that an amount or class of amounts received by a person, is an exempt lump sum.
(2)       If a person receives a Re-establishment Grant, any amount of that grant received by the person is an exempt lump sum.
5                      Application—Exempt Lump Sums
An amount received on or after the date of commencement of this Determination, by a person referred to in subsection 4(2) of this Determination, is an exempt lump sum for the purposes of paragraph 8(11)(d) of the Act from the date that the amount was received.
 

[1]"This Determination has effect in relation to provisions of the Social Security Act 1991 in so far as they relate to matters for which the Minister for Families, Housing, Community Services and Indigenous Affairs has responsibility under the Administrative Arrangements Order".