Document ID: chunk:federal_register_of_legislation:C2004A04731:front:0:p30
Version: federal_register_of_legislation:C2004A04731
Segment Type: other
Provision Reference: 
Character Range: 75729–78503

following Table:

          ASSETS VALUE LIMIT TABLE
column 1  column 2                                column 3
item      person's situation                      assets value limit
1.        Person or partner a homeowner           $80,250.00
2.        Neither person nor partner a homeowner  $120,500.00

Note 1: For 'homeowner' see section 11.

    Note 2: The assets value limits in column 3 are indexed annually in line with CPI increases (see sections 1191 to 1194).

"(3) The value of the person's assets is taken to be 50% of the sum of the value of the assets of the person and the value of the assets of the person's partner.

"(4) The amounts in column 3 of the Assets Value Limit Table are to be indexed on 1 July 1994 as if this section and items 79A and 79B of Schedule 2 had commenced on 30 June 1993.

Multiple entitlement exclusion

"771HI.(1) A partner allowance is not payable to a person if the person is already receiving a service pension.

  "(2) If:

  (a) a person is receiving a partner allowance; and

     (b) a social security pension, another social security benefit or a service pension becomes payable to the person;

a partner allowance is not payable to the person.

    Note 1: Another payment type will generally not become payable to the person until the person claims it.

    Note 2: For the day on which the partner allowance ceases to be payable see section 771NA.

"(3) A partner allowance is not payable to a person if the person is receiving:

     (a) a pension under Part II or IV of the Veterans' Entitlements Act at a rate determined under or by reference to subsection 30(1) of that Act; or

     (b) a pension under the Seamen's War Pensions and Allowances Act 1940 at a rate determined under subsection 18(2) of that Act.

Educational schemes exclusion

"771HJ. A partner allowance is not payable to a person for a period if the person is receiving a payment for that period under:

  (a) the AUSTUDY Scheme; or

  (b) the ABSTUDY Scheme; or

  (c) the Student Financial Supplement Scheme.

Commonwealth funded employment program exclusion

"771HK. A partner allowance is not payable to a person for a period if the person is receiving income for that period that is paid by a community or group from funds provided under a Commonwealth funded employment program.

Note: For 'Commonwealth funded employment program' see subsection 23(1).

Payments under LEAP program

"771HL. A partner allowance is not payable to a person for a period if the person is receiving payments under a LEAP program for that period.

Note: For "LEAP program" see subsection 23(1).

Commencement of partner allowance

"771HM. A partner allowance is not payable to a person before the person's provisional commencement day.

Note: For 'provisional