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StatuteVeterans' Entitlements Act 1986

Section 52BA — Veterans' Entitlements Act 1986: Value of asset-tested FLA income streams

Text of the provision Official document

(1) This section applies to family law affected income streams. (2) The value of an income stream that is not a defined benefit income stream is, for the purposes of the assets test, determined by the Commission. (3) The value of an income stream that is a defined benefit income stream is, for the purposes of the assets test, determined by the Commission. (4) In making a determination under subsection (2) or (3), the Commission must comply with any relevant decision-making principles in force under subsection (5). (5) The Commission may, by legislative instrument, formulate principles (decision-making principles) to be complied with by it in making decisions under: (a) subsection (2); or (b) subsection (3).

Official source: Federal Register of Legislation

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Statutory text from an official public source. Informational content — does not replace advice from a qualified legal practitioner.