Document ID: chunk:federal_register_of_legislation:C2005C00734:clause:6_1073e:p2
Version: federal_register_of_legislation:C2005C00734
Segment Type: clause
Provision Reference: sch 6 cl 1073E (pt 2/3)
Character Range: 134516–137141

determination to suspend the person's social security pension or social security benefit; and
 (b) while the person's pension or benefit is suspended there is a determination to cancel the person's pension or benefit; and
 (c) the person had a working credit balance or a student income bank balance greater than nil immediately before the date of effect of the suspension determination; and
 (d) the person makes, or is taken to have made, a new claim for a social security pension or social security benefit; and
 (e) the Secretary determines that the new claim is to be granted with effect from a day within 12 months after the date of effect mentioned in paragraph (c); and
 (f) the person becomes a working credit participant on a day (the participation day), being either the day with effect from which the new claim is granted or a day following that day;
the working credit balance mentioned in paragraph (c), or the student income bank balance mentioned in that paragraph to the extent that it does not exceed $1,000, becomes the opening balance of the working credit applicable to the person on the participation day.

Opening balance following cessation of full‑time study by youth allowance recipient

 (5) If:
 (a) a person is receiving youth allowance and is undertaking full‑time study; and
 (b) the person ceases to undertake full‑time study; and
 (c) either because of a determination made as a result of that cessation or, if no determination is necessary, because of the cessation itself, the person, on a day (the participation day):
 (i) ceases to be a person to whom the student income bank set out in Module J of the Youth Allowance Rate Calculator applies; and
 (ii) becomes a working credit participant; and
 (d) the person had a student income bank balance greater than nil immediately before the participation day;
the student income bank balance mentioned in paragraph (d), to the extent that it does not exceed $1,000, becomes the opening balance of the working credit applicable to the person on the participation day.

Opening balance following cessation of ABSTUDY payment

 (6) If:
 (a) a person to whom the income bank under the ABSTUDY scheme applies stops being such a person; and
 (b) the person becomes a working credit participant within 12 months after so stopping; and
 (c) immediately before so stopping, the person had a credit balance greater than nil under the scheme;
the credit balance, to the extent that it does not exceed $1,000, becomes the opening balance of the working credit applicable to the person on the day on which the person becomes a working credit participant.