Document ID: chunk:federal_register_of_legislation:F2022C00508:reg:20
Version: federal_register_of_legislation:F2022C00508
Segment Type: reg
Provision Reference: reg 20
Character Range: 27101–27873

20  Events relating to assets
 (1) This section applies if the student has independent status.
 (2) The following events are prescribed:
 (a) the student becomes aware that the value of his or her assets is greater than the relevant personal assets test limit;
 (b) if the student has a partner—the student becomes aware that the combined value of the assets of the student and of the student's partner is greater than the relevant personal assets test limit.
 (3) A person's assets are things that, under the ABSTUDY Scheme, are assets for the purposes of applying the personal assets test.
Note: For things that are assets under the ABSTUDY Scheme, see the ABSTUDY Policy Manual. The manual could in 2022 be viewed on the Department's website (https://www.dss.gov.au).