Commonwealth Coat of Arms of Australia

 

Social Security (Exempt Lump Sum – Youpla Group Funeral Benefits Program Payments) Determination 2022

I, Andrea Wallace-Green, Acting Branch Manager of the Payment Structures and Seniors Branch in the Department of Social Services, make the following Determination.

Dated 4 October 2022   

Andrea Wallace-Green

Acting Branch Manager of the Payment Structures and Seniors Branch

Delegate of the Secretary of the Department of Social Services

 

 

 

Contents

1  Name

2  Commencement

3  Authority

4  Definitions

5  Exempt Lump Sum ............................................1

 

1  Name

  This instrument is the Social Security (Exempt Lump Sum – Youpla Group Funeral Benefits Program Payments) Determination 2022.

2  Commencement

 (1) Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

 

Commencement information

Column 1

Column 2

Column 3

Provisions

Commencement

Date/Details

1.  The whole of this instrument

7 September 2022.

7 September 2022.

Note: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.

 (2) Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.

3  Authority

  This instrument is made under paragraph 8(11)(d) of the Social Security Act 1991.

4  Definitions

  In this instrument:

Act means the Social Security Act 1991.

Youpla Group Funeral Benefits Program means the program under which payments are made to eligible persons in respect of the death of a person whose death was covered by an eligible funeral insurance policy issued by a company in the group of companies known as the Youpla Group, in circumstances where the policy has been affected by the collapse and liquidation of those companies.

5  Exempt Lump Sum

  For the purposes of paragraph 8(11)(d) of the Act, the amount of a payment made under the Youpla Group Funeral Benefits Program is an exempt lump sum.