Treasury Laws Amendment (Delivering an Efficient and Trusted Tax System) Act 2026 (58 of 2026)

Schedule 6 Pension supplement while overseas

Repeal the points, substitute:

Pension supplement

1064-BA1 A pension supplement amount is to be added to the person's maximum basic rate if the person is residing in Australia and:

(a) is in Australia; or

(b) is temporarily absent from Australia and has been so for a continuous period not exceeding 12 weeks.

1064-BA2 The person's pension supplement amount is:

(a) if an election by the person under subsection 1061VA(1) is in force - the amount worked out under point 1064-BA4; and

(b) otherwise - the amount worked out under point 1064-BA3.