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StatuteVeterans' Entitlements Act 1986

Section 59S — Veterans' Entitlements Act 1986: Lump sum compensation not counted as ordinary income

Text of the provision Official document

If an amount of compensation affected pension is not payable to a person under section 59Q because of compensation in the form of a lump sum, that lump sum is not to be regarded as ordinary income of either the person or the person’s partner for the purposes of this Act.

Official source: Federal Register of Legislation

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Statutory text from an official public source. Informational content — does not replace advice from a qualified legal practitioner.