Social Services and Other Legislation Amendment (Supporting Retirement Incomes) Act 2019 (Cth)

Social Services and Other Legislation Amendment (Supporting Retirement Incomes) Act 2019

No. 5, 2019

An Act to amend the law relating to social security and veterans' entitlements, and for related purposes

Contents 1 Short title 2 Commencement 3 Schedules Schedule 1—Lifetime income streams Social Security Act 1991 Veterans' Entitlements Act 1986 Schedule 2—Work bonus Social Security Act 1991 Veterans' Entitlements Act 1986 Schedule 3—Pension loans scheme Part 1—Main amendments Social Security Act 1991 Veterans' Entitlements Act 1986 Part 2—Contingent amendments Social Security Act 1991 Schedule 4—Other amendments Social Security Act 1991

Social Services and Other Legislation Amendment (Supporting Retirement Incomes) Act 2019 No. 5, 2019

An Act to amend the law relating to social security and veterans' entitlements, and for related purposes

[Assented to 1 March 2019]

The Parliament of Australia enacts:

1 Short title This Act is the Social Services and Other Legislation Amendment (Supporting Retirement Incomes) Act 2019.

2 Commencement (1) Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

Commencement information Column 1 Column 2 Column 3 Provisions Commencement Date/Details 1. Sections 1 to 3 and anything in this Act not elsewhere covered by this table The day this Act receives the Royal Assent. 1 March 2019 2. Schedules 1 and 2 1 July 2019. 1 July 2019 3. Schedule 3, Part 1 1 July 2019. 1 July 2019 4. Schedule 3, Part 2 Immediately after the commencement of Schedule 4 to the Social Services Legislation Amendment (Welfare Reform) Act 2018. 20 March 2020 5. Schedule 4 The day after this Act receives the Royal Assent. 2 March 2019