Liquid Assets Waiting Period (LAWP) 106-05020040
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Social Security Guide, 1.1.L.50, Liquid assets
Social Security Guide, 3.1.2.20, Liquid Assets Waiting Period
Social Security Guide, 3.1.2.10, Application of Waiting Periods
Social Security Guide 1.1.U.20, Unavoidable or reasonable expenditure (JSP, YA, PP, Austudy)
For 'Recalculating the LAWP', see Social Security Guide, 3.1.2.30, Treatment of Liquid Assets.
Social Security Guide, Government response to Coronavirus
Exemptions to the LAWP
Social Security Guide, 3.1.2.70, Exemptions from Waiting Periods
Social Security Guide, 3.1.2.20, Liquid Assets Waiting Period
What is and is not classed as a liquid asset
Social Security Guide, 3.1.2.30, Treatment of liquid assets
Social Security Guide, 1.1.L.50 Liquid Assets
Notional continuous period of receipt of income support payments
Legislation
Links to the Federal Register of Legislation site go to a 'Series' page. Select the 'Latest' version.
The rules for calculating a continuous period in receipt of income support are outlined in:
section 38B, Notional continuous period of receipt of income support payments
section 14A, Social security benefit liquid assets test definitions
section 19C (2), Meaning of in severe financial hardship: person who is not a member of a couple
section 19C (3), Meaning of in severe financial hardship: person who is a member of a couple
section 19C (4), Meaning of unavoidable or reasonable expenditure
section 598, Liquid assets test waiting period
subsection 2A, Work out the number of formula weeks...
subsection 5, If the Secretary is satisfied...
subsection 8A, person is not subject to a liquid assets test...
Social Security (Administration) Act 1999, Schedule 1, Dictionary
Farm Household Support Amendment Bill 2017
Austudy
section 575A, Liquid assets test waiting period
section 575B, Start of liquid assets test waiting period
section 575C, Length of liquid assets test waiting period
Youth Allowance (YA)
section 549A, Liquid assets test waiting period
section 549B, Start of liquid assets test waiting period
section 549C, Length of liquid assets test waiting period