Document ID: chunk:federal_register_of_legislation:F2024C00493:reg:19
Version: federal_register_of_legislation:F2024C00493
Segment Type: reg
Provision Reference: reg 19
Character Range: 14300–14922

19  Income stream that is a family law affected income stream that is an asset‑tested income stream (lifetime)
 (1) For paragraph 1120A(5)(a) of the Act, the Secretary must have regard to the following matters in making decisions under subsection 1120A(2) of the Act:
 (a) the matters mentioned in items 1 to 4 and 14 to 25 of Schedule 1;
 (b) any other matter that the Secretary considers relevant in the circumstances.
 (2) If payments are being made from the income stream under more than one payment split, the Secretary must have regard to each matter mentioned in subsection (1) that applies to each payment split.