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Unrealisable assets under the Assets Test hardship provisions 108-04120050

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Policy

Social Security Guide 4.6.7.50 Unrealisable assets - unable or unreasonable to sell or borrow against

Social Security Guide 4.6.7.90 Notional ordinary income - non-farm property & other assets

Social Security Guide 4.6.7.110 Notional ordinary income - person's farm used by a family member

Legislation

Links to the Federal Register of Legislation site go to an 'All versions' page. Select the 'Latest' version.

Social Security Act 1991

  • section 11, Assets test definitions
    • sections 11(12), 11(13) and 11(14) for information on unrealisable assets
  • section 23(1), General definitions
    • section 23(1) for the definition of a family member