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StatuteSocial Security Act 1991

Section 1120B — Social Security Act 1991: Value of partially asset-test exempt income streams

Text of the provision Official document

(1) This section applies to income streams covered by paragraph 1118(1)(da). (2) The value of such an income stream is, for the purposes of paragraph 1118(1)(da), worked out as follows: (a) if the income stream is a family law affected income stream—under section 1120A; (b) otherwise—under section 1119; as if the income stream were an asset-tested income stream to which that section applied.

Official source: Federal Register of Legislation

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