Document ID: chunk:federal_register_of_legislation:F2024C00838:reg:40
Version: federal_register_of_legislation:F2024C00838
Segment Type: reg
Provision Reference: reg 40
Character Range: 61414–62085

40  Circumstances in which Secretary may revoke financial hardship determination
  For subsection 52K‑2(1) of the Act, the Secretary may revoke a financial hardship determination in relation to a person if:
 (a) the circumstances of the person have changed; and
 (b) the Secretary is satisfied that paying an accommodation payment or accommodation contribution that is more than the amount specified in the determination would not cause the person financial hardship.
Example: For paragraph (a), a person's circumstances may change if assets of the person that were unrealisable assets are no longer assets of that kind.

Part 5—Prudential Standards

Division 1—General