The Guides to Social Policy Law is a collection of publications designed to assist decision makers administering social policy law. The information contained in this publication is intended only as a guide to relevant legislation/policy. The information is accurate as at the date listed at the bottom of the page, but may be subject to change. To discuss individual circumstances please contact Services Australia.

1.1.D.210 Disposal of assets

Usage

This definition applies to all payments subject to assets testing.

Definition

Disposal of assets is also referred to as assets deprivation. Assets deprivation occurs where a person disposes of an asset (1.1.A.290) and in return, the person receives nil, or inadequate consideration in money or money's worth.

Note: For disposal of income see SS Guide 1.1.D.220.

Act reference: SSAct section 1123 Disposal of assets

Policy reference: SS Guide 4.1.1 General provisions of deprivation

Last reviewed: 4 November 2024

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