Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) If:
(a) a person is a member of a couple; and
(b) the person's partner:
(i) is not in receipt of a social security or service pension or income support supplement; and
(ii) is not in receipt of a social security benefit;
the value of the person's assets, or of assets of a particular kind of the person, includes the value of the partner's assets or of assets of that kind of the partner.
Note: For social security pension see subsection 23(1).
(2) If:
(a) a person is a member of a couple; and
(b) the person's partner is in receipt of:
(i) a social security or service pension or income support supplement; or
(ii) a social security benefit;
the value of:
(c) the person's assets is taken to be 50% of the sum of the value of the assets of the person and the value of the assets of the person's partner; and
(d) the person's assets of a particular kind are taken to be 50% of the sum of the value of the assets of that kind of the person and the value of the assets of that kind of the person's partner.
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