10.20.8.40 Proportional Income - Agreement with Norway
Proportional income
Article 17 of the Agreement provides that only a proportion of Norwegian benefit is to be assessed as income when calculating the rate of Australian age pension or DSP (for the severely disabled) paid overseas. This concessional treatment only applies when the person's Australian benefit is proportionalised (calculated using the outside Australia rate in 10.20.8.20). See 10.1.9.40 for the general method of working out proportional income.
Act reference: SS(IntAgree)Act Schedule 19 Norway