Document ID: chunk:federal_register_of_legislation:C2004A01344:clause:3_49l
Version: federal_register_of_legislation:C2004A01344
Segment Type: clause
Provision Reference: sch 3 cl 49L
Character Range: 54922–55520

49L  Purpose of Division

  This Division deals with the transfer of sugarcane farming interests to family members of a younger generation. The purpose of the Division is to provide that, if the conditions set out in the Division are met, the value of any such interests transferred by a qualifying sugarcane farmer, his or her partner, or an eligible former partner of a qualifying sugarcane farmer, will be disregarded in determining:
 (a) whether a service pension or an income support supplement is payable; or
 (b) at what rate a service pension or an income support supplement is payable.