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.220 Disposal of income

Usage

This definition applies to all payments.

Definition

Disposal of income refers to a course of action that either destroys, disposes or diminishes income or a source of income, without receiving something of equivalent value for the income source forgone, OR for the purposes of obtaining a social security advantage.

Act reference: SSAct section 1106(1) Disposal of ordinary income, section 1106(2) Disposal of ordinary income

Policy reference: SS Guide 1.1.D.210 Disposal of assets, 4.1.1 General Provisions of Deprivation

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