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BUDGET SAVINGS (OMNIBUS) ACT 2016 - SCHEDULE 4

Job commitment bonus

Part   1 -- Main amendments

Social Security Act 1991

1   Subsection   23(1) (definition of job commitment bonus )

Repeal the definition.

2   Part   2.16A

Repeal the Part.

Social Security (Administration) Act 1999

3   Subsection   13(6)

Repeal the subsection.

4   Subdivision FD of Division   1 of Part   3

Repeal the Subdivision.

5   Subsection   37(6A)

Repeal the subsection.

6   Paragraph 47(1) ( paragraph   ( hsa) of the definition of lump sum benefit )

Repeal the paragraph.

7   Section   47BA

Repeal the section.

Part   2 -- Consequential amendments

Farm Household Support Act 2014

8   Section   95 (table item   1A)

Repeal the item.

Income Tax Assessment Act 1997

9   Section   11 - 15 (table item headed "social security or like payments")

Omit:

job commitment bonus under the Social Security Act 1991


52 - 10

10   Paragraph 52 - 10(1)(wb)

Repeal the paragraph.

11   Subsection   52 - 10(1EB)

Repeal the subsection.

12   Section   52 - 40 (table item   14)

Repeal the item.

Part   3 -- Saving and transitional provisions

13   Saving and transitional provisions

(1)   To avoid doubt, a person cannot become qualified for a job commitment bonus on or after the commencement of this item.

(2)   Despite the amendments made by this Schedule, Chapter   5 of the Social Security Act 1991 , as in force immediately before the commencement of this item, continues to apply on and after that commencement in relation to a payment of a job commitment bonus before, on or after that commencement.

(3)   Despite the amendments made by this Schedule, section   27D of the Social Security (Administration) Act 1999 , as in force immediately before the commencement of this item, continues to apply on and after that commencement in relation to a person making a claim for a job commitment bonus where the person qualified for the bonus before that commencement.

(4)   Despite the amendments made by this Schedule, Part   3 of the Social Security (Administration) Act 1999 , as in force immediately before the commencement of this item, continues to apply on and after that commencement in relation to:

  (a)   deciding claims for a job commitment bonus made before, on or after that commencement; or

  (b)   determinations made under that Part before, on or after that commencement in relation to job commitment bonus; or

  (c)   making payments of a job commitment bonus on or after that commencement.

(5)   Despite the amendments made by this Schedule, Parts   4 and 4A of the Social Security (Administration) Act 1999 , as in force immediately before the commencement of this item, continue to apply on and after that commencement in relation to a decision under the social security law in relation to a job commitment bonus made before, on or after that commencement.

(6)   Despite the amendments made by this Schedule, subsection   52 - 10(1EB) of the Income Tax Assessment Act 1997 , as in force immediately before the commencement of this item, continues to apply on and after that commencement in relation to payments of job commitment bonus made before, on or after that commencement.



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