Document ID: chunk:federal_register_of_legislation:C2024C00057:section:12
Version: federal_register_of_legislation:C2024C00057
Segment Type: section
Provision Reference: s 12
Character Range: 8759–9613

12  Rate of pension or allowance payable under agreement where rate to be determined under law of Australia
 (1) If:
 (a) a social security payment is payable to a person under a scheduled international social security agreement; and
 (b) the person is outside Australia; and
 (c) the agreement provides for the rate of the social security payment to be determined according to the law of Australia;
the rate of the social security payment is the person's international agreement portability rate worked out in accordance with Part 3.
 (2) A reference in the agreement to a person's period of residence in Australia is to be taken to be a reference to the period of the person's Australian working life residence for the purposes of this Act.

Part 3—Calculation of international agreement portability rates

Division 1—Overall rate calculation process