10.30.9.40 Former Residents - Agreement with Hungary
SSAct section 1220(1) provides that former residents who return to Australia, who are granted an age pension, then subsequently leave within 24 months of the date they returned for residence, will no longer be entitled to that pension outside Australia.
The Agreement effectively overcomes this restriction for former residents who return to Australia and claim age pension under the Agreement and subsequently leave Australia within 24 months to live in Hungary. However, in these circumstances, the age pension under the Agreement is paid using the outside Australia rate in 10.30.8.20 as soon as the person leaves Australia.
Act reference: SS(IntAgree)Act Schedule 29 Republic of Hungary