Document ID: chunk:federal_register_of_legislation:C2025C00162:section:1133aa
Version: federal_register_of_legislation:C2025C00162
Segment Type: section
Provision Reference: s 1133AA
Character Range: 2238604–2239697

1133AA  Pension loans scheme definitions
 (1) In this Division, unless the contrary intention appears:
disposes of real assets has its ordinary meaning.
maximum payment rate means the rate worked out at Step 4 of the Method statement in Module A of the relevant Pension Rate Calculator.
nominated amount means the amount (if any) specified to be the nominated amount under paragraph 1136(1A)(b) or subsection 1137(1) (as the case may be).
pension loans scheme advance payment: see section 1134A.
pension loans scheme advance payment period, for a person, means the period of 26 fortnights starting on the day in relation to which the person's pension loans scheme advance payment was worked out under subsection 1134A(2).
real assets, in relation to a person or couple, means the real property (including the principal home) of the person or couple in Australia that is specified under paragraph 1136(1A)(a).
 (2) For the purposes of this Division, a reference to a charge under section 1138 includes a reference to a charge continued in force by subsection 1138(3) or paragraph 1139(2A)(b).