Commonwealth Consolidated Acts

SOCIAL SECURITY ACT 1991 - SECT 1072

                   A reference in this Act to a person's ordinary income for a period is a reference to the person's gross ordinary income from all sources for the period calculated without any reduction, other than a reduction under Division 1A.

Note 1:       For ordinary income see subsection 8(1).

Note 2:       For other provisions affecting the amount of a person's ordinary income see section 1073AA (work bonus), sections 1074 and 1075 (business income), sections 1076 to 1084 (deemed income from financial assets) and sections 1095 to 1099DAA (income from income streams).