Section 46Y — Veterans' Entitlements Act 1986: Income—asset-tested income stream (long term) that is a defined benefit income stream

If the asset-tested income stream (long term) to which this Subdivision applies is a defined benefit income stream, the amount that the person is taken to receive from the income stream each year is worked out as follows: where: annual payment means the amount payable to the person for the year under the income stream. deductible amount has the meaning given by subsection 5J(1).