skip to navigation skip to content skip to footer

Division 6 : General

11.2.25 Reimbursement for cost of financial advice

  1. If a person is paid an amount of SIA or ADB under this Determination and obtains professional financial advice about the investment of that amount, the person is entitled to be reimbursed up to $1,405.62 for the cost of that advice.

  2. For subsection 1, an amount that is made up of an interim payment and a final payment is to be taken as one amount.

    Note: The dollar amounts in this section are indexed.

    See: Section 11.2.26, Indexation of amounts

11.2.26 Indexation of amounts

  1. Section 13 of the SRC Act applies to the dollar amounts specified in subsections 11.2.11.1 and 11.2.11.2 and sections 11.2.13 and 11.2.25 as if both these conditions were met.

    1. Those amounts were relevant amounts mentioned in subsection 13(1) of the SRC Act.

    2. References in that section to the SRC Act were references to this Part.

  2. Section 13AA of the SRC Act applies to the dollar amount specified in subsections 11.2.8.1 and 11.2.8.2 as if both these conditions were met.

    1. That amount was a relevant amount mentioned in subsection 13AA(1) of the SRC Act.

    2. References in that section to the SRC Act were references to this Part.

11.2.27 Exercise of powers by Secretary

In this Division, a reference to the Secretary includes a reference to another person authorised by the Secretary for the purpose of the provision in which the reference occurs.

Application to Reservists: Yes, in certain circumstances approved by the Tribunal.



I want to know more...

Further info

Contact

Defence Service Centre

1800 DEFENCE (1800 333 362)

YourCustomer.Service@defence.gov.au