1.1.S.70 Security (HEAS)

Definition

For the purposes of the HEAS (formerly PLS), security can ONLY be real estate owned in Australia (1.1.A.320). It can include the person's principal home.

Act reference: SSAct section 11A(1) Principal home

Policy reference: SS Guide 1.2.3.50 Home equity access scheme (HEAS) - description

Last reviewed: