Document ID: chunk:federal_register_of_legislation:C2024C00866:section:121:p2
Version: federal_register_of_legislation:C2024C00866
Segment Type: section
Provision Reference: s 121 (pt 2/2)
Character Range: 1587751–1589941

Commission that is after the first 7 days of the pension period.
 (5E) The other of the part payments:
 (a) is the excess of the amount that is payable to the person as the instalment of pension in relation to the pension period over the first of the part payments; and
 (b) is payable at a time determined by the Commission that is after the end of the pension period.
 (5F) If the total amount of pension payable to a person in relation to a pension period is payable to the person in part payments, then it is taken for the purposes of this Act that:
 (a) a single instalment of the pension is payable in relation to the period; and
 (b) that instalment is payable when the last of the part payments is, or is to be, made; and
 (c) that instalment is equal to the total of the part payments.
Note: The total of the part payments equals the amount worked out under subsection (2) as the amount payable to the person as the instalment of the pension in relation to the pension period.
 (5G) However, section 122B (about deductions from instalments) applies as if each of the part payments were a separate instalment.

Calculation of rate of pension payable
 (6) For the purpose of the calculation of the amount of an instalment of pension, the rate of pension payable to a person for a day is calculated by dividing the fortnightly rate of pension by 14.

Special rules for energy supplement payable under section 62A or 62B
 (6B) For energy supplement payable under section 62A or 62B:
 (a) this section has effect subject to section 62D (which is about quarterly payment of energy supplement); and
 (b) subsection (2) of this section has effect as if energy supplement covered by an election in force under section 62D by a person on a day were not payable to the person for the day.

Definitions
 (7) In this section:
pension includes energy supplement payable under section 62A or 62B, prisoner of war recognition supplement under Part VIB, veterans supplement under Part VIIA or an allowance under this Act, other than Victoria Cross allowance under section 103 or loss of earnings allowance under section 108, but does not include a pension or allowance to which section 58A applies.