Document ID: chunk:federal_register_of_legislation:C2025C00143:section:10:p23
Version: federal_register_of_legislation:C2025C00143
Segment Type: section
Provision Reference: s 10 (pt 23/50)
Character Range: 66786–69285

In working out the value at a particular time of the assets of a person who is or was a *homeowner then, disregard the value of a home that, at the time, was occupied by:
 (a) the *partner or a *dependent child of the person; or
 (b) a carer of the person who:
 (i) had occupied the home for the past 2 years; and
 (ii) was eligible to receive an *income support payment at the time; or
 (c) a *close relation of the person who:
 (i) had occupied the home for the past 5 years; and
 (ii) was eligible to receive an *income support payment at the time.
 (3) The value of the assets of a person who is a *member of a couple is taken to be 50% of the sum of:
 (a) the value of the person's assets; and
 (b) the value of the assets of the person's *partner.
 (4) A reference to the value of the assets of a person is, in relation to an asset owned by the person jointly or in common with one or more other people, a reference to the value of the person's interest in the asset.
 (5) A determination under paragraph (1A)(a), (1A)(b), (1B)(a) or (1B)(b) or subsection (1C) is not a legislative instrument.

44‑11  Definitions relating to supported residents, concessional residents and assisted residents
 (1) In sections 44‑7, 44‑8, and 44‑10 and in this section:
child: without limiting who is a child of a person for the purposes of this section and sections 44‑7, 44‑8 and 44‑10, each of the following is the child of a person:
 (a) a stepchild or an adopted child of the person;
 (b) someone who would be the stepchild of the person except that the person is not legally married to the person's partner;
 (c) someone who is a child of the person within the meaning of the Family Law Act 1975;
 (d) someone included in a class of persons specified for the purposes of this paragraph in the Aged Care (Transitional Provisions) Principles.
close relation, in relation to a person, means:
 (a) a parent of the person; or
 (b) a sister, brother, child or grandchild of the person; or
 (c) a person included in a class of persons specified in the Aged Care (Transitional Provisions) Principles.
Note: See also subsection (5).
dependent child has the meaning given by subsection (2).
homeowner has the meaning given by the Aged Care (Transitional Provisions) Principles.
member of a couple means:
 (a) a person who is legally married to another person, and is not living separately and apart from the person on a permanent basis; or
 (aa) a person whose relationship with another person (whether of the same