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PROPERTY LAW ACT 1974 - SECT 263 Meaning of financial resources

PROPERTY LAW ACT 1974 - SECT 263

Meaning of financial resources

263 Meaning of financial resources

A person’s
"financial resources" include the following—

(a) a prospective claim or entitlement under a scheme, fund or arrangement under which superannuation, resignation, termination, retirement or similar benefits are provided to, or in relation to, the person;
(b) property that, under a discretionary trust, may become vested in, or applied to the benefit of, the person;
(c) property the disposition of which is wholly or partly under the control of the person and that may be used or applied by or on behalf of the person for the person’s benefit;
(d) any other valuable benefit of the person.