Families, Community Services and Indigenous Affairs Legislation Amendment (Child Support Reform Consolidation and Other Measures) Act 2007 (82 of 2007)

Schedule 10   Extension of the assets test exemption period

Social Security Act 1991

1   Paragraph 11(4)(c)

Repeal the paragraph, substitute:

(c) a person (whether a member of a couple or not) is a homeowner while:

(i) the whole or a part of the proceeds of the sale of the person's principal home are disregarded under subsection 1118(2); or

(ii) the value of a residence, land or a structure is disregarded under subsection 1118(2).