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SOCIAL SECURITY AND VETERANS' AFFAIRS LEGISLATION AMENDMENT ACT 1989 No. 83, 1989 - SECT 10
Reciprocal agreements
10. Section 65 of the Principal Act is amended by adding at the end the
following subsection:
"(3) Where:
(a) a pension is payable under a reciprocal agreement to a person who is
outside Australia; and
(b) the reciprocal agreement provides for the rate of the pension payable
to the person to be determined according to the social security laws
of Australia; the following provisions have effect:
(c) subject to paragraph (d), the rate of that pension shall be determined
under subsection 61 (3A);
(d) if the reciprocal agreement provides that certain amounts are or are
not to be treated as income of the person, the annual rate that is
component P in subsection 61 (3A) shall be worked out treating those
amounts accordingly.". Commencement: Day of Royal Assent
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