To provide a A right to a particular Examples of entitlements established Benefit and benefit to payment established in Entitlements established by in legislation include pension entitlement individuals or legislation and generally legislation must be supported by payments made through the Social payments groups that meet involves no obligation on specific legislation Security (Administration Act) 1999, established by specified criteria as the recipient to spend the (paragraphs 29 31 refers). payments to veterans through the – legislation established by proceeds, or account/ Veterans' Entitlement Act 1986. legislation. acquit the expenditure. Achieve policy Specific categories of tax objectives by concessions and offsets directly reducing Tax concession are contained in taxation All taxation legislation administered Australian Taxation the amount of tax Fuel excise rebate. legislation administered by the Australian Taxation Office. Office. or offset an individual or by the Australian Taxation other bodies must Office. pay. An arrangement that involves the purchase of Earning income or a Investments are made under the an asset by the profitable return authority of specific enabling Investments made under the Future Investments Commonwealth for the for the legislation or section 58 of the Fund Act 1996. primary purpose of Commonwealth. PGPA Act. earning income or a profitable return.
Benefit and entitlement payments established by legislation To provide a benefit to individuals or groups that meet specified criteria as established by legislation. A right to a particular payment established in legislation and generally involves no obligation on the recipient to spend the proceeds, or account/ acquit the expenditure. Entitlements established by legislation must be supported by specific legislation (paragraphs 29 – 31 refers). Examples of entitlements established in legislation include pension payments made through the Social Security (Administration Act) 1999, payments to veterans through the Veterans' Entitlement Act 1986. Tax concession or offset Achieve policy objectives by directly reducing the amount of tax an individual or other bodies must pay. Specific categories of tax concessions and offsets are contained in taxation legislation administered by the Australian Taxation Office. All taxation legislation administered by the Australian Taxation Office. Fuel excise rebate. Australian Taxation Office. Investments Earning income or a profitable return for the Commonwealth. An arrangement that involves the purchase of an asset by the Commonwealth for the primary purpose of earning income or a profitable return. Investments are made under the authority of specific enabling legislation or section 58 of the PGPA Act. Investments made under the Future Fund Act 1996.
resource-management-guide-no-411.docx