Commonwealth Consolidated Acts

SOCIAL SECURITY ACT 1991 - SECT 660YCK

             (1)  If:

                     (a)  a person is a member of a couple; and

                     (b)  the person's partner is not in receipt of an income support payment;

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.

             (2)  If:

                     (a)  a person is a member of a couple; and

                     (b)  the person's partner is in receipt of an income support payment;

the following paragraphs apply:

                     (c)  the value of 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 value of the person's assets of a particular kind is 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.

Note:          For income support payment see subsection 23(1).