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

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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