Loans and liabilities against assets 108-04020040

Policy

Social Security Guide, 1.1.E.108, Encumbrance

Social Security Guide, 4.6.6.30, Encumbrances & Loans Against Assets

Social Security Guide, 4.7.4, Assessing the Income & Assets from Primary Production

Social Security Guide, 4.7.4.20, Primary Production Aggregation Assessment for Sole Traders & Partnerships

Social Security Guide, 4.12.5.20, Apportioning a Liability of a Controlled Private Company or Controlled Private Trust

Social Security Guide, 4.6.3, Assessing the Principal Home

Legislation

Links to the Federal Register of Legislation site goes to a 'Series' page. Select the 'Latest' version.

Social Security Act 1991

• section 1121, Effect of charge or encumbrance on value of assets
• section 1118, Certain assets to be disregarded in calculating the value of a person's assets
• section 1121A, Effect of certain liabilities on value of assets used in primary production