Veterans' Entitlements (Modification of Income Deprivation Rules) Principles 2025 (Cth)

Veterans' Entitlements (Modification of Income Deprivation Rules) Principles 2025 The Repatriation Commission makes the following instrument. Dated 19 February 2025

The Seal of the Repatriation Commission was affixed to this instrument in the presence of: Alison Frame Mark Brewer AM CSC and Bar President Deputy President

Gwen Cherne Kahlil Fegan DSC AM Commissioner Commissioner

Part 1 Preliminary

1 Name This instrument is the Veterans' Entitlements (Modification of Income Deprivation Rules) Principles 2025.

2 Commencement This instrument commences on the day after the day it is registered.

3 Authority This instrument is made under paragraphs 52ZZZQ(h) and (i) of the Veterans' Entitlements Act 1986.

3A Repeal Schedule 6 to the Veterans' Affairs (Legislative Instrument Re-making Exercise) Instrument 2014 is repealed.

4 Definitions Note: A number of expressions used in this instrument are defined in the Act, including the following: Commission

member of a couple

In this instrument: Act means the Veterans' Entitlements Act 1986.

Part 2 Disposal of ordinary income (on or after 1 January 2002) by individual

5 Purpose of Part 2 This Part sets out decision-making principles with which the Commission must comply in making a determination for subsection 52ZZZB(1) of the Act.

6 Definitions In this Part: individual means an individual who transfers property to a company or trust in accordance with subsection 52ZZZB(1) of the Act.

7 Transferor as sole attributable stakeholder

1. This section applies to an individual who is not a member of a couple.

2. The Commission must take into account whether the individual was the only attributable stakeholder of the company or trust, either before or after the transfer.