Document ID: chunk:federal_register_of_legislation:C2006C00614:clause:2_48b
Version: federal_register_of_legislation:C2006C00614
Segment Type: clause
Provision Reference: sch 2 cl 48B
Character Range: 27980–28584

48B  Payment of seniors concession allowance

 (1) Seniors concession allowance is to be paid by instalments.

 (2) An instalment of seniors concession allowance is to be paid to a person as soon as is reasonably practicable on or after the seniors concession allowance test day in relation to which the allowance is payable to the person.

 (3) The amount of an instalment of seniors concession allowance is worked out by dividing the amount of the annual rate of seniors concession allowance by 2.

 (4) In this section:

seniors concession allowance test day means:
 (a) 1 June; and
 (b) 1 December.