Families, Housing, Community Services and Indigenous Affairs and Other Legislation Amendment (Budget and Other Measures) Act 2011 (34 of 2011)

Schedule 6   Pension reform measures

Social Security Act 1991

8   At the end of section 1073AA

Add:

(7) In working out a person’s employment income for the purposes of this section, disregard subsection 8(1B).

(8) If:

(a) the person is a member of a couple; and

(b) the person’s partner has an amount (the exempt amount ) of employment income (within the meaning of section 46AB of the Veterans’ Entitlements Act 1986) disregarded under section 46AA of that Act;

then, in applying point 1064-E2 or point 1066-E2 (whichever is relevant), the ordinary income of the person’s partner is to be reduced by an amount equal to the exempt amount.