This table converts a weekly payment for permanent impairment to a lump sum. Please note that the MRCA enables the maximum lump sum to be paid for males up to age 30.
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Factors for converting weekly amount (under s68, 71 or 75(2)) to a lump sum under s78(5) of the MRCA where the election is made on or after 4 May 2015 | |||||
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Age Next Birthday at the Notice Date | |||||
An annual running and maintenance allowance may be provided to an eligible veteran who has been provided with an initial or replacement vehicle under the Vehicle Assistance Scheme (VAS). The purpose of the allowance is to assist with the cost of vehicle registration, insurance and other incidental costs related to VAS vehicles.
1. What are the client’s responsibilities?
Driving devices and modifications grants are issued for the modification of VAS vehicles. In specific circumstances, driving lessons may be approved (refer to the end of this section for further information).
When determining whether to approve a driving devices and modifications grant, a number of issues must be considered as outlined in Part 6 of the VAS instrument. These issues include:
There are a number of specific conditions under Part 6 of the VAS instrument relating to replacement motor vehicle grants. Conditions include the requirement that the veteran registers and comprehensively insures the vehicle. Delegates must seek documentary evidence of registration and insurance arrangements.
1. Is the client eligible for a replacement?
There are a number of specific conditions under Part 4 of the VAS instrument relating to initial vehicle grants. Conditions include the requirement that the veteran registers and comprehensively insures the vehicle. Delegates must seek documentary evidence of registration and insurance arrangements.
1. Does the vehicle meet all of the following requirements?
There are several factors which must be considered when determining a veteran’s eligibility for participation in the Vehicle Assistance Scheme (VAS). The first consideration is whether the veteran satisfies one of the categories of disability under subsection 105(5) of the VEA. The second is whether the veteran will derive benefit from assistance under the VAS.
Veterans' Entitlements Act 1986 section 5J(1) definition of financial investment includes:
Last amended: 15 December 2009
The following table shows how to select and use the appropriate life expectancy table in the assessment of an income stream.
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Step |
Action |
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1 |
An initial interim transitional determination is processed in the same manner as a determination based on a person with stable conditions with the exception of the applicable lifestyle factor to be used. Generally the bottom lifestyle rating of the shaded area will be applied. For more information about interim payments please see chapter 5.8 of the MRCA PI Policy Manual.
