Document ID: chunk:federal_register_of_legislation:C2006A00133:clause:1_3
Version: federal_register_of_legislation:C2006A00133
Segment Type: clause
Provision Reference: sch 1 cl 3
Character Range: 5314–5945

3  Application of subsection 44‑10(1C)—assets disposed of on or after 10 May 2006

(1) In determining an amount under paragraph 44‑10(1C)(a) of the Aged Care Act 1997, the Secretary must take into account assets that a person disposes of (within the meaning of Subdivision B of Division 11 of Part IIIB of the Veterans' Entitlements Act 1986) on or after 10 May 2006.

(2) In determining an amount under paragraph 44‑10(1C)(b) of the Aged Care Act 1997, the Secretary must take into account assets that a person disposes of (within the meaning of Division 2 of Part 3.12 of the Social Security Act 1991) on or after 10 May 2006.