Senate debates

Thursday, 22 June 2006

Families, Community Services and Indigenous Affairs and Other Legislation (2006 Budget and Other Measures) Bill 2006

In Committee

1:08 pm

Photo of Kay PattersonKay Patterson (Victoria, Liberal Party) Share this | Hansard source

If I have a person who is 60 with parents who have provided for them and they move to the age pension, where in the legislation am I guaranteed that I can actually maintain the trust and go to the age pension? If I go to age pension I am going to get the utilities allowance. If the person moves to the age pension, how am I and their parents going to be assured that they will actually be able to keep these trusts when they are of age pension age? The answer you have given me does not give me that sort of surety. If it is not there I am happy that we come back and look at it in August. I know we have to get this ready for people to start in September, but I did actually tell the minister that I was going to ask this question because I still was not sure where it was in the legislation that there was a guarantee that, when I move to age pension, I will be able to take the trust with me and not have my income affected.

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