Document ID: chunk:federal_register_of_legislation:C2022C00163:section:12
Version: federal_register_of_legislation:C2022C00163
Segment Type: section
Provision Reference: s 12
Character Range: 111498–112883

12                                                                section 1122                                                                  the content of that section (after the heading) were replaced with:
                                                                                                                                                (1) The value of a person's farm assets for the purposes of this Act includes so much of an amount lent by the person, for spending relating to farm assets, as remains unpaid.
                                                                                                                                                (2) The value of a person's non‑farm assets for the purposes of this Act includes so much of an amount lent by the person that:
                                                                                                                                                (a) is not covered by subsection (1); and
                                                                                                                                                (b) remains unpaid.
                                                                                                                                                (3) For the purposes of this section, disregard any amount payable by way of interest.