Document ID: chunk:federal_register_of_legislation:C2023C00380:clause:13_25
Version: federal_register_of_legislation:C2023C00380
Segment Type: clause
Provision Reference: sch 13 cl 25
Character Range: 401096–402844

25  Subsection 52(4)
Repeal the subsection, substitute:
 (4) If the farm was sold within the period of 9 months from the beginning of the grant period in relation to the person and the person had not reached the age of 21 years at the time of the sale:
 (a) the person is entitled to a grant equal to the amount of youth allowance that would be payable to the person in respect of the period (the youth qualifying period) from the time of the sale of the farm to the end of the period of 9 months or the time when the person reaches the age of 21 years, whichever first happens, if, under Part 2.11 of the Social Security Act 1991:
 (i) the person were entitled to receive youth allowance for the youth qualifying period; and
 (ii) youth allowance were payable to him or her at the rate that would be the person's maximum payment rate at the beginning of the youth qualifying period; and
 (b) if the person reaches the age of 21 years before the end of the period of 9 months, the person is entitled to a grant equal to the amount of newstart allowance that would be payable to the person in respect of the period (the post‑21 period) from the time when the person reached that age until the end of the period of 9 months if, under the Social Security Act 1991:
 (i) the person were entitled to receive newstart allowance for the post‑21 period; and
 (ii) newstart allowance were payable to the person at the rate that would be the person's maximum payment rate at the beginning of the post‑21 period.
Note: For the person's maximum payment rate, see the Youth Allowance Rate Calculator in Part 3.5 of the Social Security Act 1991 or Module A of the Benefit Rate Calculator applicable to the person under section 643 of that Act (as appropriate).