Commonwealth Consolidated Acts

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VETERANS' ENTITLEMENTS ACT 1986 - SECT 59H

Adjustment of pension single non - property owner AVL

    This Act has effect as if, on 1   July each year, the amount worked out in accordance with the following formula were substituted for the pension single non - property owner AVL:

Start formula Pension single property owner AVL plus 2 times open square bracket Pension partnered non-property owner AVL minus Pension partnered property owner AVL close square bracket end formula

where:

"pension partnered non-property owner AVL" is the current figure, as at that 1   July, for the pension partnered non - property owner AVL.

"pension partnered property owner AVL" is the current figure, as at that 1   July, for the pension partnered property owner AVL.

"pension single property owner AVL" is the current figure, as at that 1   July, for the pension single property owner AVL.


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