Section 1099DC — Social Security Act 1991: Income from asset-tested income stream (long term)

(1) For the purpose of working out the annual rate of ordinary income of a person from an asset-tested income stream (long term) to which this Subdivision applies, the person is taken to receive from that income stream each year: (a) if the income stream is not a defined benefit income stream—the amount determined by the Secretary under this paragraph; or (b) if the income stream is a defined benefit income stream—the amount determined by the Secretary under this paragraph. (2) In making a determination under paragraph (1)(a) or (b), the Secretary must comply with any relevant decision-making principles in force under section 1099DD.