Document ID: chunk:federal_register_of_legislation:C2004A03539:body:0:p45
Version: federal_register_of_legislation:C2004A03539
Segment Type: other
Provision Reference: 
Character Range: 108557–111139

person becomes entitled, whether before or after the commencement of this subsection, to receive an amount of income, not being:
    (a) income from remunerative work undertaken by the person; or

    (b) a return from an accruing return investment;
the person shall, for the purposes of this Act, be taken to receive one fifty-second of that amount as income of the person during each week in the period of 12 months commencing on the day on which the person becomes entitled to receive that amount.
"(5) Where a person makes, at any time before 1 January 1988, an accruing return investment:
    (a) with a friendly society; or
    (b) of a kind where a return is not available until the end of a period of at least 12 months after that investment was made or until realisation of that investment;
and the person becomes entitled to receive an amount by way of a return on that investment, the person shall, for the purposes of this Act, be taken to receive one fifty-second of that amount as income of the person during each week in the period of 12 months commencing on the day on which the person becomes entitled to receive that amount.
"(6) A reference in subsection (4) or (5) to a person becoming entitled to receive an amount includes a reference to the person becoming entitled to receive an amount under an arrangement of the kind referred to in the definition of 'accruing return investment' in subsection (1). to the extent that subsection (2) or (3) does not apply to that entitlement.".
Commencement: 13 December 1987

Rate of veteran's service pension
73. (1) Section 47 of the Principal Act is amended:
    (a) by omitting subsection (3) and substituting the following subsection:
    "(3) Where children are dependants of a veteran, being children who are wholly or substantially dependent on the veteran, the rate of service pension applicable to the veteran under subsection (1) shall, subject to subsection (4), be increased by the sum of:
       (a) $1,144 per year in respect of each such child who has not attained the age of 13 years;
       (b) $1,456 per year in respect of each such child who has attained the age of 13 years but has not attained the age of 16 years;
       (c) $884 per year in respect of each such child who is not a prescribed student child of the veteran and who has attained the age of 16 years;
       (d) $728 per year in respect of each such child who is a prescribed student child of the veteran; and
       (e) if the veteran is an unmarried veteran or a married veteran in relation to whom a direction under subsection (2) is