Thank you for the question.
As I said before, we administer three pieces of legislation. The oldest piece of legislation we have is the Veterans' Entitlements Act, which provides lifelong disability pension pay as a fortnightly payment. It does not have any lump sums for disability pension.
However, the more recent acts have lump sum elements to them. The most recent military act, the Military Rehabilitation and Compensation Act, which came into being in 2004 for all service after that date, provides a choice for veterans to either take permanent impairment compensation as a fortnightly amount or to convert it to a lump sum based on their life expectancy. They have a choice. They can take a lump sum, or they can keep getting a fortnightly payment or take a combination. They can take, say, 25% as a lump sum and keep the rest as a fortnightly pension. It goes by quarters—25%, 50%, 75% or 100%—when converting to a lump sum.