Social Security Amendment (Liquid Assets Waiting Period) Act 2009 (25 of 2009)

Schedule 1   Amendments

Part 1   Main amendments

Social Security Act 1991

1   Subsection 14A(1) (after paragraph (dab) of the definition of liquid assets )

Insert:

(dac) the surrender value of a life policy (within the meaning of the Life Insurance Act 1995); or