Document ID: chunk:federal_register_of_legislation:C2025C00162:section:17:p5
Version: federal_register_of_legislation:C2025C00162
Segment Type: section
Provision Reference: s 17 (pt 5/5)
Character Range: 268608–270412

or condition first becoming apparent;
and is not, for example, the decision or settlement under which the compensation is payable.

Insurer
 (6) A reference in Part 3.14 to an insurer who is, under a contract of insurance, liable to indemnify a compensation payer or a potential compensation payer against a liability arising from a claim for compensation includes a reference to:
 (a) an authority of a State or Territory that is liable to indemnify a compensation payer against such a liability, whether the authority is so liable under a contract, a law or otherwise; or
 (b) an authority of a State or Territory that determines to make a payment to indemnify a compensation payer against such a liability, whether or not the authority is liable to do so.
 (8) For the purposes of the definition of income cut‑out amount in subsection (1), the formula is as follows:
where:
energy supplement component means the energy supplement worked out under point 1064‑C3 for a person who is not a member of a couple:
 (a) whether or not the person for whom the income cut‑out amount is being worked out is a member of a couple; and
 (b) whether or not that point applies to the person for whom the income cut‑out amount is being worked out.
maximum basic rate means the amount specified in column 3 of item 1 of the table in point 1064‑B1.
ordinary free area limit means the amount specified in column 3 of item 1 of the table in point 1064‑E4.
pension supplement component means the pension supplement amount worked out under point 1064‑BA3 for a person who is not a member of a couple:
 (a) whether or not the person for whom the income cut‑out amount is being worked out is a member of a couple; and
 (b) whether or not that point applies to the person for whom the income cut‑out amount is being worked out.