Federal Register of Legislation
Asset-test Exempt Income Stream (Lifetime Income Stream Guidelines) Determination 2015
Instrument 2015 No. R9
The REPATRIATION COMMISSION makes this determination under subsection 5JA(6) of the Veterans' Entitlements Act 1986.
Dated this 6th day of August 2015
The Seal of the ) Repatriation Commission ) was affixed hereto in the ) SEAL presence of: )
Simon Lewis Craig Orme …………………………………………………………………………………………..……………………………… SIMON LEWIS CRAIG ORME AM CSC………………………… PRESIDENT DEPUTY PRESIDENT
Part 1: Preliminary
1.1 Name of determination
This determination is the Asset-test Exempt Income Stream (Lifetime Income Stream Guidelines) Determination 2015.
1.2 Commencement
This determination commences on the day after it is registered.
1.3 Revocation
The Asset-test Exempt Income Stream (Lifetime Income Stream Guidelines) Determination 1998 (Instrument 1998 No.10) is revoked.
1.4 Purpose
The purpose of this determination is to set out the guidelines for the exercise of the Repatriation Commission's discretion, under subsection 5JA(5) of the VEA, to determine that a defined benefit income stream that does not meet the requirements of subsection 5JA(2) of the VEA is an asset-test exempt income stream for the purposes of the VEA.
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