Document ID: chunk:federal_register_of_legislation:C2025C00162:section:1099db
Version: federal_register_of_legislation:C2025C00162
Segment Type: section
Provision Reference: s 1099DB
Character Range: 2128151–2129033

1099DB  Income from asset‑test exempt income streams
 (1) For the purpose of working out the annual rate of ordinary income of a person from an asset‑test exempt income stream to which this Subdivision applies, the person is taken to receive from that income stream each year:
 (a) if the income stream is not a defined benefit income stream or a military invalidity pension income stream—the amount determined by the Secretary under this paragraph; or
 (b) if the income stream is a defined benefit income stream—the amount determined by the Secretary under this paragraph; or
 (c) if the income stream is a military invalidity pension income stream—the amount determined by the Secretary under this paragraph.
 (2) In making a determination under paragraph (1)(a), (b) or (c), the Secretary must comply with any relevant decision‑making principles in force under section 1099DD.