s 1118AC
In forceValue of person’s assets reduced: refunds to charge exempt residents
Volume 3Chapter 2AA, Part 2AA.1 to Chapter 3, Part 3.12, sections 1061ZVAA-1157
Chapter 3General provisions relating to payability and rates
Part 3.12General provisions relating to the assets test
Division 1Value of person’s assets
1118AC Value of person’s assets reduced: refunds to charge exempt residents
(1)
This section applies to a person if Division 1E of Part 3.10 applies to the person.
(2)
For the purposes of this Act (other than sections 1124A, 1125, 1125A and 1126), the total value of the person’s assets is reduced by the refunded amount (as defined by section 1099J).
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