Statute
Section 52ZZZH — Veterans' Entitlements Act 1986: Net value of asset
Text of the provision Official document
(1) For the purposes of this Subdivision, the net value of an asset is the value of the asset, without any reduction other than a reduction under subsection (2). (2) The Commission may, by writing, determine that the value of a specified asset is to be reduced by the whole or a specified part of a specified liability. (3) A determination under this section has effect accordingly. (4) In making a determination under this section, the Commission must comply with any relevant decision-making principles.
Official source: Federal Register of Legislation
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