Document ID: chunk:federal_register_of_legislation:C2025C00162:section:547c
Version: federal_register_of_legislation:C2025C00162
Segment Type: section
Provision Reference: s 547C
Character Range: 810537–811148

547C  Assets value limit
  A person's assets value limit is:
 (b) $250,000 if the person:
 (ii) is not a member of a couple (see section 4); and
 (iii) is a homeowner; or
 (c) $450,000 if the person:
 (ii) is not a member of a couple; and
 (iii) is not a homeowner; or
 (d) $375,000 if the person:
 (ii) is a member of a couple; and
 (iii) is a homeowner; or
 (e) $575,000 if the person:
 (ii) is a member of a couple; and
 (iii) is not a homeowner.
Note 1: For homeowner see subsection 11(4).
Note 2: The amounts in paragraphs (b), (c), (d) and (e) are indexed annually on 1 July (see sections 1191 to 1194).