Santo Santoro (Queensland, Liberal Party, Minister for Ageing) Share this | Hansard source

I have just received some fairly quick advice. What we are considering at the moment is schedule 1, which is titled ‘Harmonising aged care and pension requirements in relation to income streams and assets disposal’. Just to make it clear to anybody listening to the debate, including senators in this place at the moment, it reads:

After subsection 44-10(1)

Insert:

(1A)   If a person who is receiving an *income support supplement or a *service pension has an income stream (within the meaning of the Veterans’ Entitlements Act 1986), the value of the person’s assets ...

The amendment refers to the Veterans’ Entitlements Act, 1B refers in similar terms to the Social Security Act of 1991 and 1C refers to the Veterans’ Entitlements Act of 1986. For the benefit of Senator McLucas, they are the acts that are being referred to.