Value of asset‑tested FLA income streams
52BA Value of asset‑tested FLA income streams
This section applies to family law affected income streams.
The value of an income stream that is not a defined benefit income stream is, for the purposes of the assets test, determined by the Commission.
The value of an income stream that is a defined benefit income stream is, for the purposes of the assets test, determined by the Commission.
In making a determination under subsection (2) or (3), the Commission must comply with any relevant decision‑making principles in force under subsection (5).
The Commission may, by legislative instrument, formulate principles (decision‑making principles) to be complied with by it in making decisions under:
subsection (2); or
subsection (3).
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