Section 46ZA — Veterans' Entitlements Act 1986: Income from asset-test exempt income streams
Text of the provision Official document
(1) For the purpose of working out the annual rate of ordinary income of a person from an asset-test exempt income stream 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 or a military invalidity pension income stream—the amount determined by the Commission under this paragraph; or (b) if the income stream is a defined benefit income stream—the amount determined by the Commission under this paragraph; or (c) if the income stream is a military invalidity pension income stream—the amount determined by the Commission under this paragraph. (2) In making a determination under paragraph (1)(a), (b) or (c), the Commission must comply with any relevant decision-making principles in force under section 46ZC.
Official source: Federal Register of Legislation
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