Document ID: chunk:federal_register_of_legislation:C2025C00162:section:1125a:p2
Version: federal_register_of_legislation:C2025C00162
Segment Type: section
Provision Reference: s 1125A (pt 2/2)
Character Range: 2197028–2198648

benefit is payable to the person, section 1126 operates to determine the rate of payment and section 1125A ceases to apply to the person.
 (3) If:
 (a) amounts are included under subsection (1) in the value of a person's assets who is a member of a couple and in the assets of the person's partner because of a disposition of an asset by the person; and
 (b) the person and the person's partner cease to be members of the same couple;
any amount that was included in the value of the person's former partner's assets because of that disposition is to be included in the value of the person's assets.
 (4) If:
 (a) an amount is included under subsection (1) in the value of the assets of a person who is a member of a couple and the value of the assets of the person's partner because of a disposition of an asset by the person; and
 (b) the person dies;
an amount is not to be included in the value of the assets of the person's partner because of that disposition.
 (5) If:
 (a) an amount is included under subsection (1) in the value of the assets of a person who is a member of a couple and the value of the assets of the person's partner because of a disposition of an asset by the person; and
 (b) the partner dies;
any amount that would, if the partner had not died, be included in the value of the partner's assets because of the disposition is to be included in the value of the person's assets.
 (6) In this section:
disposal limit means:
 (a) in relation to assets disposed of on or after 1 March 1986 and before 1 March 1991—$4,000; and
 (b) in relation to assets disposed of on or after 1 March 1991—$10,000.