Document ID: chunk:federal_register_of_legislation:C2025C00162:section:11:p3
Version: federal_register_of_legislation:C2025C00162
Segment Type: section
Provision Reference: s 11 (pt 3/4)
Character Range: 197977–200541

the partner's right or interest, in the home gives the person, or the person's partner, reasonable security of tenure in the home; and
 (c) a person (whether a member of a couple or not) is a homeowner while:
 (i) the whole or a part of the proceeds of the sale of the person's principal home are disregarded under subsection 1118(2); or
 (ii) the value of a residence, land or a structure is disregarded under subsection 1118(2).
Note: See also section 1145‑1157 (retirement villages).

Pension year—disposal of assets
 (10) A reference in sections 1123 to 1128 (disposal of assets) to a pension year, in relation to a person who is receiving:
 (a) a social security or service pension, income support supplement or a veteran payment; or
 (b) a social security benefit;
is a reference to:
 (d) if the person is a member of a couple and, immediately before the person and the person's partner became members of that couple, the person was receiving a pension, supplement, payment or benefit referred to in paragraph (a) or (b) or a job search allowance and the person's partner was receiving such a pension, supplement, payment or benefit or a job search allowance—the period of 12 months beginning on the day on which they became members of that couple; or
 (e) if:
 (i) the person is a member of a couple but paragraph (d) does not apply; and
 (ii) the person's partner is receiving a pension, supplement, payment or benefit referred to in paragraph (a) or (b) or a job search allowance;
  the period of 12 months beginning on the day on which:
 (iii) the pension, supplement, payment or benefit referred to in paragraph (a) or (b) or the job search allowance first became payable to the person; or
 (iv) the pension, supplement, payment or benefit referred to in paragraph (a) or (b) or the job search allowance first became payable to the person's partner;
  whichever was the earlier; or
 (f) otherwise—the period of 12 months beginning on the day on which a pension, supplement, payment or benefit referred to in paragraph (a) or (b) or a job search allowance first became payable to the person;
and to each following and each preceding period of 12 months.

No pension year to extend beyond 30 June 2002
 (10AAA) No period after 30 June 2002 is, or is a part of, a pension year of a person. If, apart from this subsection, a period beginning before 1 July 2002 and ending on or after that date would be a pension year of a person, the part of that period that ends immediately before that date is taken to be a pension year of the person.
 (10AA) References