4.6.2.20 Assessing Exemption for Irrecoverable Loans, Failed Loans & Debts

Summary

Once a loan ceases to exist for social security purposes it is no longer assessed under SSAct section 1122. Assessment of loans is discussed in 4.6.5.60.

Policy reference: SS Guide 4.6.5.60 Assessing Loans & Guarantor Arrangements, 4.6.5.110 Failed Financial Investments

Last reviewed: 2 January 2018