Document ID: chunk:federal_register_of_legislation:C2010A00017:clause:2_14
Version: federal_register_of_legislation:C2010A00017
Segment Type: clause
Provision Reference: sch 2 cl 14
Character Range: 44003–45664

14  After subsection 8(8)
Insert:
 (8AA) For the purposes of paragraph (8)(zjd), each of the following is an excluded payment:
 (a) a payment of a scholarship referred to in paragraph (8)(zia), (zj) or (zja);
 (b) a scholarship payment under Part 2.11B;
 (c) a scholarship payment under the ABSTUDY Scheme;
 (d) a payment known as a student start‑up scholarship payment, or a relocation scholarship payment, under the scheme referred to in section 117 of the Veterans' Entitlements Act;
 (e) a payment known as a student start‑up scholarship payment, or a relocation scholarship payment, under the scheme referred to in section 258 of the Military Rehabilitation and Compensation Act.
 (8AB) For the purposes of paragraph (8)(zjd), a person's threshold amount, for a calendar year, means $6,762 less the amount of any payment made to that person during that year that is not income for the purposes of this Act because of that paragraph.
Note: The dollar amount mentioned in this subsection is indexed annually in line with CPI increases (see sections 1190 to 1194).
Example: On 15 April 2010 a person is paid a scholarship of $3,000 to study at an educational institution. The threshold amount is $6,762 (as no other payment has been excluded under paragraph (8)(zjd) for 2010). The $3,000 is not income under that paragraph and the threshold amount is reduced to $3,762.
 On 1 May 2010 the person is paid a scholarship of $5,000 to study at an educational institution. Of the $5,000, $3,762 is not income under that paragraph. The threshold amount is reduced to zero.
 There can be no further payments excluded under that paragraph for that person for 2010.