Commonwealth Consolidated Acts

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VETERANS' ENTITLEMENTS ACT 1986 - SECT 46L

Certain money and financial investments not taken into account

             (1)  The Minister may determine that:

                     (a)  specified financial investments; or

                     (b)  a specified class of financial investments;

are not to be regarded as financial assets for the purposes of section 46D or 46E.

          (1A)  If the Commission makes a determination under section 52Y in relation to a person, any unrealisable asset of the person or the person's partner is not regarded as a financial asset for the purposes of section 46D or 46E.

             (3)  A determination under subsection (1) must be in writing.

             (4)  A determination under subsection (1) takes effect on the day on which it is made or on such other day (whether earlier or later) as is specified in the determination.


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