Social Security (Value of Asset-tested Income Streams (Lifetime)) Amendment Determination 2025 (Cth)

Social Security (Value of Asset-tested Income Streams (Lifetime)) Amendment Determination 2025

I, Gillian Beer, delegate of the Secretary of the Department of Social Services, make the following determination.

Dated 24.02.2025

Gillian Beer Branch Manager, Payment Structures and Seniors Branch Delegate of the Secretary of the Department of Social Services

Contents 1 Name...............................................1 2 Commencement.........................................1 3 Authority.............................................1 4 Schedules.............................................1 Schedule 1—Amendments 2 Social Security (Value of Asset-tested Income Streams (Lifetime)) Determination 2019

1 Name This instrument is the Social Security (Value of Asset-tested Income Streams (Lifetime)) Amendment Determination 2025.

2 Commencement

(1) Each provision of this instrument 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. The whole of this instrument 1 January 2025

Note: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.

(2) Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.

3 Authority This instrument is made under subsection 1120AB(4) of the Social Security Act 1991.

4 Schedules Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.