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StatuteSocial Security Act 1991

Section 1084 — Social Security Act 1991: Certain money and financial investments not taken into account

Text of the provision Official document

(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 1076, 1077 or 1078. (2) If a financial investment is an unrealisable asset for the purposes of section 1129, 1130B or 1131, the financial asset is not to be regarded as a financial asset for the purposes of section 1076, 1077 or 1078. (3) A determination under subsection (1): (a) must be in writing; and (b) 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.

Official source: Federal Register of Legislation

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