4.1 Deprivation of income & assets

Introduction

This chapter contains the general provisions covering deprivation of income (1.1.I.40) and assets (1.1.A.290). It explains key principles and covers particular circumstances of deprivation.

Note: For deprivation provisions relating to ATE income streams paid from SMSFs or SAFs refer to 4.9.4.50.

Act reference: SSAct section 8(1)-'income', section 11(1)-'asset'

Policy reference: SS Guide 4.2.5 CP income & assets tests, 4.2.3 Pensions & benefits assets tests, 4.9.4.50 Deprivation Assessment for Lifetime or Life Expectancy ATE Income Streams Paid from SMSFs or SAFs

Social Security Guide

4.1 Deprivation of income & assets

Introduction

In this chapter