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
3 After subsection 11A(9)
Insert:
(9A) For the purposes of paragraph (9)(a), the Secretary may determine, in writing, a period of up to 24 months if:
(a) a person's principal home is lost or damaged (including, for example, by a natural disaster); and
(b) the loss or damage was not wilfully caused by the person; and
(c) the person is making reasonable attempts, as a result of the loss or damage, to:
(i) rebuild or repair the principal home; or
(ii) sell the principal home in order to purchase or build another residence that is to be the person's principal home; or
(iii) purchase or build another residence that is to be the person's principal home; and
(d) the person has made those attempts within a reasonable period after the loss or damage; and
(e) the person has experienced delays beyond his or her control in:
(i) rebuilding, repairing or selling the principal home; or
(ii) purchasing or building the other residence.