Document ID: chunk:federal_register_of_legislation:C2019A00005:clause:2_33
Version: federal_register_of_legislation:C2019A00005
Segment Type: clause
Provision Reference: sch 2 cl 33
Character Range: 62019–62636

33  Subsection 46AA(4) (example)
Repeal the example, substitute:
Example: Bill earns $1,300 of work bonus income in a pension period. Bill's rate of service pension or income support supplement for that period is greater than nil.
 Under subsection (2), Bill's work bonus income for that period is reduced by $300, leaving Bill $1,000 of work bonus income for that period.
 Assume Bill's unused concession balance is $800.
 Under subsection (4), Bill's work bonus income for that period is further reduced by $800 leaving Bill $200 of work bonus income for that period.
 Bill's unused concession balance is now nil.