New Legislative Instrument: Coronavirus Economic Response Package (Payments and Benefits) Amendment Rules (No. 5) 2020 – and Continued Relief for International Students

Coronavirus Economic Response Package (Payments and Benefits) Amendment Rules (No. 5) 2020 released days ago confirming that the payment may be extended up to December 2020.
As per the explanatory statement the initial package was introduced to assist businesses and employees up until September 2020.
The new Legislative instrument - Subsection 7(1) of the Act provides that the rules may make provision for and in relation to, one or more kinds of payments by the Commonwealth to an entity in respect of a time that occurs during the prescribed period (the period between 1 March 2020 and 31 December 2020), the establishment of a scheme providing for matters relating to one or more of those payments, and matters relating to such a scheme. Any payments must relate to the prescribed period – the period from 1 March 2020 to 31 December 2020.
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