Document ID: chunk:federal_register_of_legislation:C2024C00866:section:5h:p1
Version: federal_register_of_legislation:C2024C00866
Segment Type: section
Provision Reference: s 5H (pt 1/13)
Character Range: 62204–64779

5H  Income test definitions
 (1) In this Act, unless the contrary intention appears:
adjusted income, in relation to a person for the purpose of assessment of the rate of income support supplement, means the sum of:
 (a) the person's ordinary income; and
 (b) a payment to the person that is a payment in respect of incapacity or death resulting from employment in connection with a war or war‑like operations in which the Crown has been engaged, other than:
 (i) a pension under Part II or IV (other than a pension that is payable under section 30 to a dependant of a deceased veteran); or
 (ii) a pension payable because of subsection 4(6) or (8B) of the Veterans' Entitlements (Transitional Provisions and Consequential Amendments) Act 1986 (other than a pension payable in respect of a child); and
 (c) any instalment of pension payable to the person under subsection 30(1); and
 (ca) if compensation under section 233 of the MRCA is payable to the person and the person has not made a choice under section 236 of the MRCA—any payment of the weekly amount mentioned in paragraph 234(1)(b) of the MRCA; and
 (cb) if compensation under section 233 of the MRCA is payable to the person and the person has made a choice under section 236 of the MRCA—any weekly amount mentioned in paragraph 234(1)(b) of the MRCA that the person would have been paid if the person had not made that choice; and
 (d) any instalment of pension that is payable to the person under the law of a foreign country and is, in the opinion of the Commission, similar in character to the pension referred to in paragraph (c).
approved exchange trading system has the meaning given by subsection (11).
available money, in relation to a person, means money that:
 (a) is held by or on behalf of the person; and
 (b) is not deposit money of the person; and
 (c) is not the subject of a loan made by the person.
deposit money, in relation to a person, means the person's money that is deposited in an account with a financial institution.
disposes of ordinary income has the meaning given by section 48.
domestic payment has the meaning given by subsection (3).
earned, derived or received has the meaning given by subsection (2).
exchange trading system has the meaning given by subsection (10).
exempt lump sum has the meaning given by subsections (12) and (12A).
home equity conversion agreement, in relation to a person, means an agreement under which the repayment of an amount paid to or on behalf of the person, or the person's partner, is secured by a mortgage of the principal home of the person or