SOCIAL SECURITY AND VETERANS' AFFAIRS LEGISLATION AMENDMENT (MALE TOTAL AVERAGE WEEKLY EARNINGS BENCHMARK) BILL 1997

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SOCIAL SECURITY AND VETERANS' AFFAIRS LEGISLATION AMENDMENT (MALE TOTAL AVERAGE WEEKLY EARNINGS BENCHMARK) BILL 1997

1996-97

The Parliament of the
Commonwealth of Australia

HOUSE OF REPRESENTATIVES

Presented and read a first time

Social Security and Veterans’ Affairs Legislation Amendment (Male Total Average Weekly Earnings Benchmark) Bill 1997

No. , 1997

(Social Security)

A Bill for an Act to amend the Social Security Act 1991 and the Veterans’ Entitlements Act 1986, and for related purposes

9702720—3,225/13.3.1997—(27/97) Cat. No. 96 7394 6 ISBN 0644 49767X

Contents

Social Security Act 1991 7ssvamh1.html

Veterans’ Entitlements Act 1986 7ssvamh1.html

A Bill for an Act to amend the Social Security Act 1991 and the Veterans’ Entitlements Act 1986, and for related purposes

The Parliament of Australia enacts:

1 Short title

This Act may be cited as the Social Security and Veterans’ Affairs Legislation Amendment (Male Total Average Weekly Earnings Benchmark) Act 1997.

2 Commencement

This Act commences on 20 September 1997.

3 Schedule(s)

Each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.

Schedule 1—Amendments

Social Security Act 1991

1 Subsection 1192(2)

After “is the indexed amount.”, insert “(The indexed amount may be increased under section 1195 in certain cases.)”.

2 After section 1194A

Insert:

1195 Certain indexed amounts to be increased in line with increases in Male Total Average Weekly Earnings

(1) For the purposes of this section:

(a) a category A amount is an amount specified as set out below:

(i) point 1064-B1—Table B—item 1, 3, 4 or 5—column 3;

(ii) point 1065-B1—Table B—item 1, 3, 4 or 5—column 3;

(iii) point 1066-B1—the annual rate;

(iv) point 1066A-B1—Table B—item 1, 2, 3, 4, 7, 8, 9, 10, 11 or 12—column 3A;

(v) point 1066B-B1—Table B—item 1, 2, 3, 4, 7, 8, 9, 10, 11 or 12—column 3A; and

(b) a category B amount is an amount specified as set out below:

(i) point 1064-B1—Table B—item 2—column 3;

(ii) point 1065-B1—Table B—item 2—column 3;

(iii) point 1066A-B1—Table B—item 5 or 6—column 3A;

(iv) point 1066B-B1—Table B—item 5 or 6—column 3A.

(2) If:

(a) a category A amount or a category B amount is to be indexed under this Division on an indexation day that occurs after 19 September 1997 and before 21 September 2002; and

(b) 25% of the annualised MTAWE figure for whichever of the following quarters is applicable:

(i) if the indexation day is a 20 March—the most recent December quarter;

(ii) if the indexation day is a 20 September—the most recent June quarter;

exceeds the indexed amount for the category A amount;

then:

(c) the indexed amount for the category A amount is to be increased by an amount (the category A top-up amount) equal to the excess; and

(d) if the indexed amount for the category A amount (as increased under paragraph (c)) is not a multiple of $2.60, the indexed amount (as increased under paragraph (c)) is to be further increased by rounding up to the next highest multiple of $2.60; and

(e) the indexed amount for the category B amount is to be increased by an amount equal to 83% of the category A top-up amount; and

(f) if the indexed amount for the category B amount (as increased under paragraph (e)) is not a multiple of $2.60, the indexed amount (as increased under paragraph (e)) is to be further increased by rounding up to the next highest multiple of $2.60.

(3) For the purposes of this section, the annualised MTAWE figure for a quarter is 52 times the amount set out for the reference period in the quarter under the headings “Average Weekly Earnings of Employees, Australia—Males—All males—Total earnings—ORIGINAL” in a document published by the Australian Statistician entitled “Average Weekly Earnings, States and Australia”.

(4) For the purposes of this section, the reference period in a particular quarter is the period described by the Australian Statistician as the pay period ending on or before a specified day that is the third Friday of the middle month of that quarter.

(5) If at any time (whether before or after the commencement of this section), the Australian Statistician publishes an amount in substitution for a particular amount previously published by the Australian Statistician, the publication of the later amount is to be disregarded for the purposes of this section.

(6) In this section:

December quarter means a quarter ending on 31 December.

June quarter means a quarter ending on 30 June.

Veterans’ Entitlements Act 1986

3 Subsection 59C(2)

After “is the indexed amount.”, insert “(The indexed amount may be increased under section 59EA in certain cases.)”.

4 After section 59E

Insert:

59EA Certain indexed amounts to be increased in line with increases in Male Total Average Weekly Earnings

(1) For the purposes of this section:

(a) a category A amount is an amount specified as set out below:

(i) point 41-B1—Table B—item 1 or 4—column 3;

(ii) point 42-B1—Table B—item 1 or 4—column 3;

(iii) point 43-B1—Table B—item 1 or 4—column 3;

(iv) point 45X-C1—Table C—item 1, 2 or 4—column 3;

(v) point 45Y-C1—Table C—item 1, 2 or 4—column 3; and

(b) a category B amount is an amount specified as set out below:

(i) point 41-B1—Table B—item 3—column 3;

(ii) point 42-B1—Table B—item 3—column 3;

(iii) point 43-B1—Table B—item 3—column 3;

(iv) point 45X-C1—Table C—item 3—column 3;

(v) point 45Y-C1—Table C—item 3—column 3.