52BB
In forceValue of partially asset‑test exempt income streams
Volume 2Parts IIIB to VA, sections 46 to 93ZG
Part IIIBProvisions applying to service pension, income support supplement and veteran payment
Division 11General provisions relating to the assets test
Subdivision AValue of person’s assets
52BB Value of partially asset‑test exempt income streams
(1)
This section applies to income streams covered by paragraph 52(1)(daa).
(2)
The value of such an income stream is, for the purposes of paragraph 52(1)(daa), worked out as follows:
(a)
if the income stream is a family law affected income stream—under section 52BA;
(b)
otherwise—under section 52A;
as if the income stream were an asset‑tested income stream to which that section applied.
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