Commonwealth Consolidated Acts

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SOCIAL SECURITY ACT 1991 - SECT 567FB

Amount of payment

  (1)   The amount of the person's payment is worked out using the following formula (except if paragraph   567FA(g) applies in relation to the person):

Start formula Daily rate of person's youth allowance on the relevant day times 14 times 7 end formula

  (2)   If subparagraph   567FA(g)(i) applies in relation to the person, the amount of the person's payment is worked out using the following formula:

Start formula open bracket Daily rate of person's youth allowance on the relevant day times 14 times 3 close bracket plus $2,000 end formula

  (3)   If subparagraph   567FA(g)(ii) applies in relation to the person, the amount of the person's payment is worked out using the following formula:

Start formula open bracket Daily rate of person's youth allowance on the relevant day times 14 times 3 close bracket plus Additional amount end formulawhere:

"additional amount" means the amount worked out in accordance with the following table:

 

Additional amount

Item

If the relevant period is:

the additional amount is:

1

More than 14 weeks but not more than 16 weeks

$2,250

2

More than 16 weeks but not more than 18 weeks

$2,700

3

More than 18 weeks but not more than 20 weeks

$3,150

4

More than 20 weeks but not more than 22 weeks

$3,550

5

More than 22 weeks but not more than 24 weeks

$4,000

6

More than 24 weeks but not more than 26 weeks

$4,450

7

More than 26 weeks but not more than 28 weeks

$4,900

8

More than 28 weeks but not more than 30 weeks

$5,350

9

More than 30 weeks but not more than 32 weeks

$5,800

10

More than 32 weeks

$6,250



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