Commonwealth Consolidated Acts

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SOCIAL SECURITY ACT 1991 - SECT 1118AC

Value of person's assets reduced: refunds to charge exempt residents

             (1)  This section applies to a person if Division 1E of Part 3.10 applies to the person.

             (2)  For the purposes of this Act (other than subparagraph 501E(1)(d)(iv) and sections 1124A, 1125, 1125A and 1126), the total value of the person's assets is reduced by the refunded amount (as defined by section 1099J).


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