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 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.

4.1 Deprivation of income & assets

Introduction

This chapter contains the general provisions covering deprivation of income (1.1.I.40) and assets (1.1.A.290). It explains key principles and covers particular circumstances of deprivation.

Note: For deprivation provisions relating to ATE income streams paid from SMSFs or SAFs refer to 4.9.4.50.

Act reference: SSAct section 8(1)-'income', section 11(1)-'asset'

Policy reference: SS Guide 4.2.5 CP income & assets tests, 4.2.3 Pensions & benefits assets tests, 4.9.4.50 Deprivation Assessment for Lifetime or Life Expectancy ATE Income Streams Paid from SMSFs or SAFs

Last reviewed: