Commonwealth Consolidated Acts

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SOCIAL SECURITY ACT 1991 - SECT 1164

Certain lump sums to be treated as though they were received as periodic compensation payments

                   If:

                     (a)  a person was entitled to periodic compensation payments under a law of a State or Territory; and

                     (b)  the person's entitlement to the periodic payments was converted under the law of the State or Territory into an entitlement to a lump sum; and

                     (c)  the lump sum was calculated by reference to a period;

this Part applies to the person as if:

                     (d)  the person had not received:

                              (i)  the lump sum; or

                             (ii)  if the lump sum was to be paid in instalments--any of the instalments; and

                     (e)  the person had received in each fortnight during the period a periodic compensation payment equal to:

                            where:

                            lump sum amount is the amount of the lump sum referred to in paragraph (b);

                            number of fortnights in the period is the number of whole fortnights in the period referred to in paragraph (c).



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