Veterans' Affairs Legislation Amendment (Veteran-centric Reforms No. 1) Act 2018 (17 of 2018)

Schedule 2   Veteran payment

Part 2   Consequential amendments

Aged Care (Transitional Provisions) Act 1997

16   After subsection 44-24(3)

Insert:

(3A) If the care recipient is entitled to a *veteran payment, his or her total assessable income is the sum of:

(a) the amount of the care recipient's veteran payment reduced by the amount worked out under subsection 5GA(3) of the Veterans' Entitlements Act 1986 to be the care recipient's minimum pension supplement amount; and

(b) the amount the Secretary determines to be the amount that would be worked out as the care recipient's ordinary/adjusted income for the purpose of applying Module E of the Rate Calculator in Schedule 6 to the Veterans' Entitlements Act 1986.

Note: Determinations are reviewable under Part 6.1.