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Completing the Private Trust details in the MOD PT 043-04020030

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Policy

Social Security Guide 1.1.T.180 Trust

Social Security Guide 4.7.3.10 General Provisions for Trusts pre-01/01/2002

Social Security Guide 4.7.3.30 Assessable Assets from Discretionary Trusts pre-01/01/2002

Social Security Guide 4.7.3.20 Assessable Income from Discretionary Trusts pre-01/01/2002

Social Security Guide 4.7.3.40 Assessable Income from Non-discretionary Trusts pre-01/01/2002

Social Security Guide 4.7.3.50 Assessable Assets from Non-discretionary Trusts pre-01/01/2002

Social Security Guide 4.7.3.60 Summary of Assessable Income from Trusts pre-01/01/2002

Social Security Guide 4.7.3.70 Assessable Income & Assets from Statutory Trusts

Social Security Guide 4.7.3.80 Other Trust Matters pre-01/01/2002

Legislation

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

Definitions

Social Security Act 1991

  • section 8(2), Income amount earned, derived and received
  • section 9(1), Financial assets and income streams definitions
  • section 11(1), Assets test definitions

Assessment

Social Security Act 1991

  • section 1073(1), Certain amounts taken to be received over 12 months
  • section 1075(1), Permissible reductions of business income

Request/obtain information from a person

Social Security Act 1991

  • section 63(2), Requirement to attend Department etc
  • section 192, General power to obtain information