Document ID: chunk:federal_register_of_legislation:C2007A00060:clause:1_547f
Version: federal_register_of_legislation:C2007A00060
Segment Type: clause
Provision Reference: sch 1 cl 547F
Character Range: 14080–15333

547F  Exclusion of certain assets that are exempt under the Farm Household Support Act 1992

 (1) If:
 (a) an exceptional circumstances certificate referred to in section 8A of the Farm Household Support Act 1992 was issued in respect of a person; and
 (b) the certificate has effect;
the person's assets do not include any asset that is an exempt asset in respect of the person for the purposes of that Act because the person is a farmer.

 (2) The person's assets do not include any asset that is an exempt asset in respect of the person for the purposes of the Farm Household Support Act 1992:
 (a) in a case where:
 (i) the person is receiving exceptional circumstances relief payment because the person qualifies for the payment only under subsection 8A(5) of that Act; and
 (ii) paragraph (b) does not apply;
  because the person carries on a small business; and
 (b) in a case where the person:
 (i) is receiving exceptional circumstances relief payment because the person qualifies for the payment under subsection 8A(5) of that Act; and
 (ii) but for subsubparagraph 8A(1)(b)(i)(C) of that Act, would also qualify under subsection 8A(1) of that Act for the payment;
  because the person carries on a small business and the person is a farmer.