Assessment of assets hardship 108-04120040
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Social Security Guide, 4.6.2.20, Assessing Exemption for Irrecoverable Loans, Failed Loans & Debts
Social Security Guide, 4.6.7.10, General provisions for hardship
Social Security Guide, 4.6.7.20, Effect of Deprivation on Eligibility & Rate
Social Security Guide, 4.6.7.60, Determining severe financial hardship - readily available funds
Social Security Guide, 4.6.7.80, Notional ordinary income - overview
Social Security Guide, 4.6.7.90, Notional Ordinary Income - Non-farm Property & Other Assets
Social Security Guide, 4.6.7.100, Notional Ordinary Income - Net Value of a Farm
Social Security Guide, 4.6.7.110, Notional ordinary income - person's farm used by a family member
Social Security Guide, 4.6.7.120, Notional Ordinary Income - Other Farming Situations
Social Security Guide, 4.6.7.130, Rate calculation under the hardship provisions
Social Security Guide 5.5.6, Samples of assets test hardship calculations
Legislation
Links to the Federal Register of Legislation site go to a 'Series' page. Select the ‘Latest’ version.
- section 1129, Access to financial hardship rules - pensions
- section 1130, Application of financial hardship rules - pensions
- section 1131, Access to financial hardship rules - benefits
- section 1132, Application of financial hardship rules - benefits
- section 1130B, Access to financial hardship rules - pension PP (single)
- section 1130C, Application of financial hardship rules - pension PP (single)
- section 1118, Certain assets to be disregarded in calculating the value of a person's assets
Definitions
- section 8(1), Income test definitions
- section 11(12), Assets test definitions
- section 11(13), Assets test definitions
- subsection 12 An asset of a person is an unrealisable asset if
- section 23(1), General definitions
Deprivation
- section 1125, Disposal of assets in pension years - individuals
- section 1126, Disposal of assets in pre-pension years - members of couples
- section 1122, Loans