Families, Community Services and Indigenous Affairs and Other Legislation (2006 Budget and Other Measures) Act 2006 (82 of 2006)

Schedule 4   Australian Government Disaster Recovery Payment

Part 2   Other amendments

Social Security Act 1991

11   Subsection 19B(1) (definition of liquid assets )

Omit all the words after paragraph (e), substitute:

but does not include:

(f) an amount that is a qualifying eligible termination payment for the purposes of Subdivision AA of Division 2 of Part III of the Income Tax Assessment Act; or

(g) an amount of an AGDRP that the person received, if the Secretary is satisfied that the length of time since receiving the payment is still reasonable in the circumstances.