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

Schedule 6   Pension supplement while overseas

Veterans' Entitlements Act 1986

47   After subclause 34(4) of Schedule 5

Insert:

(4A) If subclause 31(3) or (4) is relevant to the person on a relevant day, this Act applies in relation to the person's service pension or income support supplement as if each reference in the table in subsection 5GA(4) to $509.60 were a reference to:

(a) that reference as modified by paragraph (4)(a) of this clause on the relevant day; less

(b) the amount subtracted under step 3 of the method statement in subclause 31(3) or (4) (as the case may be) on the relevant day.

(4B) If subclause 31(3) or (4) is relevant to the person on a relevant day, this Act applies in relation to the person's service pension or income support supplement as if each reference in the table in subsection 5GA(4) to $426.40 were a reference to:

(a) that reference as modified by paragraph (4)(b) of this clause on the relevant day; less

(b) the amount subtracted under step 3 of the method statement in subclause 31(3) or (4) (as the case may be) on the relevant day.