Verifying income and assets 108-04020030
Policy
Social Security Guide, 4.2.3, Pensions & benefits assets tests
Social Security Guide, 4.6, Assets
Social Security Guide, 4.6.6, Determining the value of an asset
Social Security Guide, 4.6.2, Assets that are exempt from assessment
Social Security Guide, 4.6.7, Asset hardship rules
Social Security Guide, 3.2.2.40, Situations involving industrial action
Social Security Guide, 4.7.1.40, Assessment of Assets for Sole Traders
Social Security Guide, 4.7.1.10, General Provisions for Sole Traders & Partnerships
Social Security Guide, 4.7.1.50, Assessment of Assets for Partnerships
Social Security Guide, 4.6.5.30, Assessing Property, Real Estate & Unit Trusts
Social Security Guide, 4.6.6.10, General provisions for valuation of assets
Social Security Guide, 3.1.2.20, Liquid assets test waiting period
ABSTUDY
Links to the ABSTUDY Policy Manual go to pdf and docx documents. Select the document and go to the reference(s) below.
- 65.2, The Personal Assets Test
- 63, Assets
- 63.6, Assets hardship provisions
Legislation
Links to the Federal Register of Legislation site go to a 'Series' page. Select the 'Latest' version.
- section 1118, Certain assets to be disregarded in calculating the value of a person's assets
- section 1121A, Effect of certain liabilities on the value of assets used in primary production
- section 1123, Disposal of assets
- section 1152, Members of illness separated couples (both in special residences)
- section 11, Assets test definitions
- section 1131, Access to financial hardship rules - benefits
- section 1132, Application of financial hardship rules - benefits