Document ID: chunk:federal_register_of_legislation:C2007A00029:clause:3_46za
Version: federal_register_of_legislation:C2007A00029
Segment Type: clause
Provision Reference: sch 3 cl 46ZA
Character Range: 15193–15888

46ZA  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—the amount determined by the Commission under this paragraph; or
 (b) if the income stream is a defined benefit income stream—the amount determined by the Commission under this paragraph.

 (2) In making a determination under paragraph (1)(a) or (b), the Commission must comply with any relevant decision‑making principles in force under section 46ZC.