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Eligibility for the Home Equity Access Scheme (HEAS) 065-19041642



Policy

Social Security Guide, 3.4.5.10, Qualification for HEAS

Social Security Guide, 3.4.5.50, Payability of HEAS

Social Security Guide, 3.4.5.20, Security for HEAS

Legislation

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

Social Security Act 1991

  • Part 3.12, Division 1, Value of person's assets
  • section 1133, Qualification for participation in pension loans scheme
  • section 1136, Need for a request to participate
  • section 1135A, maximum loan available (for the formula and the age component amount used to calculate the maximum loan available)
  • section 1135, creation of debt

For the pension age, see section 23(5)A - 23(5D)

Social Security Act 1991

  • section 23(5A), Pension age
  • section 23(5D), Pension age