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 social security payments. 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.

Definition

Disposal of assets is generally referred to as deprivation. Deprivation occurs where a person disposes of an asset (1.1.A.290) and/or income for nil or less than the value of the asset and/or income.

Act reference: SSAct section 1123 Disposal of assets

Policy reference: SS Guide 1.1.D.220 Disposal of income

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