Document ID: chunk:federal_register_of_legislation:C2024C00866:section:45uy:p3
Version: federal_register_of_legislation:C2024C00866
Segment Type: section
Provision Reference: s 45UY (pt 3/13)
Character Range: 624499–627640

income streams
46SA Scope of Subdivision
46T Income from asset‑test exempt income stream
46U Income—income stream not a defined benefit income stream or a military invalidity pension income stream
46V Income—income stream is a defined benefit income stream
46VAA Income—income stream is a military invalidity pension income stream
46VA Income from market‑linked asset‑test exempt income stream
46W Income from asset‑tested income stream (long term)
46X Income—asset‑tested income stream (long term) that is not a defined benefit income stream
46Y Income—asset‑tested income stream (long term) that is a defined benefit income stream
46YA Income from certain low‑payment asset‑tested income streams
46YB Income—asset‑tested income stream (lifetime)
Subdivision C—Family law affected income streams
46Z Scope of Subdivision
46ZA Income from asset‑test exempt income streams
46ZB Income from asset‑tested income stream (long term)
46ZBA Income from asset‑tested income stream (lifetime)
46ZC Decision‑making principles
Division 6—Income tests—conversion of foreign currency amounts
47 Application of Division
47A Conversion of foreign currency amounts
47B Base exchange rate
47C Re‑assessed exchange rate
47D Applicability of re‑assessed exchange rate
47E Rounding off exchange rates
Division 7—Income tests—disposal of ordinary income
48 Disposal of ordinary income
48A Amount of disposition
48B Disposal of ordinary income—not a member of a couple
48C Disposal of ordinary income—members of couples
48E Dispositions more than 5 years old to be disregarded
Division 9—Self‑employment programs
50 General effect of Division
50A Reduction in rate of payments under this Part if recipient or partner also receiving payments under a self‑employment program
50B Rate reduction under this Division
Division 11—General provisions relating to the assets test
Subdivision A—Value of person's assets
52 Certain assets to be disregarded in calculating the value of a person's assets
52AA Value of superannuation investments determined by Minister to be disregarded
52A Value of asset‑tested income streams that are not defined benefit income streams, asset‑tested income streams (lifetime) or family law affected income streams
52B Value of asset‑tested income streams that are defined benefit income streams
52BAA Value of asset‑tested income streams (lifetime) that are managed investments
52BAB Value of asset‑tested income streams (lifetime) that are not managed investments
52BA Value of asset‑tested FLA income streams
52BB Value of partially asset‑test exempt income streams
52BC Value of superannuation reserves for superannuation funds of 4 members or less
52C Effect of charge or encumbrance on value of assets
52CA Effect of certain liabilities on value of assets used in primary production
52CB Value of life policy
52D Loans
Subdivision B—Dispositions of assets (general provisions)
52E Disposal of assets
52F Amount of disposition
52FAAA Application of asset deprivation rules to cease in respect of certain assets
Subdivision BA—Dispositions of assets before 1 July 2002
52FAA Application
52FA Disposal of assets in pre‑pension years—not a