delete Veterans' Entitlements (DFISA-like Payment) Regulations 2005
Veterans' Entitlements (DFISA-like Payment) Regulations 2005 - A federal legislative instrument registered March 11, 2005, creating a payment similar to Defence Force Income Support Allowance (DFISA) under the Veterans' Entitlements Act 1986. The instrument provides transfer payments to eligible veterans or their dependents.
Transfer payment instruments like this one do not create wealth—they redistribute it. The DFISA-like Payment creates market distortions, potential dependency effects, and compliance burdens. Given this instrument dates from 2005 (nearly 21 years old), it is likely obsolete or has been superseded, and should be removed from the statute books rather than remain as dormant but potentially applicable law. Keeping obsolete redistribution schemes imposes unnecessary regulatory costs and creates uncertainty.