Document ID: chunk:federal_register_of_legislation:F2017L00147:body:0
Version: federal_register_of_legislation:F2017L00147
Segment Type: other
Provision Reference: 
Character Range: 0–2679

Social Security (Exempt Lump Sum – Western Australian Government Taxi Transition Adjustment Assistance Grant) Determination 2017

I, Anita Davis, delegate of the Secretary of the Department of Social Security, make the following determination under paragraph 8(11)(d) of the Social Security Act 1991.

Dated 21 February 2017

Anita Davis
Acting Branch Manager
International and Means Test Policy Branch
Department of Social Services
___________________________________________________________________________

  1        Name
  This instrument is the Social Security (Exempt Lump Sum – Western Australian Government Taxi Transition Adjustment Assistance Grant) Determination 2017.

  2        Commencement

      (1)              Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

Commencement information
Column 1                          Column 2        Column 3
Provisions                        Commencement    Date/Details
1.  The whole of this instrument  1 October 2016

  Note: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.
      (2)              Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.

  3        Authority

  This instrument is made under paragraph 8(11)(d) of the Social Security Act 1991.

  4        Definitions

  In this instrument:

  Act means the Social Security Act 1991.

  Eligible taxi plate owners means current holders of Perth metropolitan taxi plates purchased prior to 18 December 2015.

  Transition Assistance Package means a package established by the Western Australian Government to assist existing taxi and omnibus industry participants transition to the new operating environment following regulatory and policy reforms, including funds for the provision of a one-off ex-gratia lump sum payment to assist taxi plate owners adjust to a new, more competitive environment.

  Adjustment Assistance Grant means a payment made from the Transition Assistance Package by the Western Australian Department of Transport to eligible taxi plate owners.  This grant is capped at $20 million.

  5        Exempt lump sum

  For the purposes of paragraph 8(11)(d) of the Act, the gross amount of an Adjustment Assistance Grant made from the Transition Assistance Package is an exempt lump sum.