Veterans’ Entitlements (Family Law Affected Income Streams) Principles Amendment (Military Invalidity Payments) Instrument 2024

The Repatriation Commission makes this instrument under section 46ZC of the Veterans’ Entitlements Act 1986.

Dated 01 August 2024

The Seal of the

Repatriation Commission

was affixed to this instrument

in the presence of:

Contents

1 Name

2 Commencement

3 Authority

4 Schedules

Schedule 1—Amendments 2

Veterans' Entitlements (Family Law Affected Income Streams) Principles 2022 2

1  Name

  This instrument is the Veterans’ Entitlements (Family Law Affected Income Streams) Principles Amendment (Military Invalidity Payments) Instrument 2024.

2  Commencement

This instrument commences on the day after the day it is registered.

3  Authority

  This instrument is made under section 46ZC of the Veterans’ Entitlements Act 1986.

4  Schedules

  Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

Schedule 1—Amendments

Veterans’ Entitlements (Family Law Affected Income Streams) Principles 2022

1  Section 4 (note, after paragraph (j))

insert

 (ja) military invalidity pension income stream;

2  Section 5

omit

 Secretary

insert

 Commission

3  After paragraph 5(b)

insert

 (ba) paragraph 46ZA(1)(c);

4  Section 8 (at the end of the heading)

add

or military invalidity pension income stream

5  Subsection 8(1)

substitute

(1)      This section applies if the family law affected income stream is not:

(a)    a defined benefit income stream; or

(b)    a military invalidity pension income stream.

6  Paragraph 9(2)(b)

omit

 Secretary

insert

Commission

7  At the end of part 2

add

9A  Income stream that is a military invalidity pension income stream

(1) This section applies if the family law affected income stream is a military invalidity pension income stream.

(2) For the purposes of paragraph 46ZC(ba) of the Act, the Commission must have regard to the following matters in making a decision under paragraph 46ZA(1)(c) of the Act:

 (a) the matters mentioned in items 1 to 12 and 14 to 23 of Schedule 1;

 (b) any other matter that the Commission considers relevant in the circumstances.

(3) If payments are being made from the income stream under more than one payment split, the Commission must have regard to each matter mentioned in subsection (2) that applies to each payment split.

8  Schedule 1 (note to Schedule heading)

substitute

(paragraphs 8(2)(a), 9(2)(a), 9A(2)(a), 11(2)(a), 12(2)(a), 14(2)(a), 15(2)(a), 17(1)(a) and 19(1)(a))