Document ID: chunk:federal_register_of_legislation:C2023C00380:clause:2_547d
Version: federal_register_of_legislation:C2023C00380
Segment Type: clause
Provision Reference: sch 2 cl 547D
Character Range: 163942–164639

547D  Value of person's assets to include value of assets of partner or family members in certain circumstances
  The value of a person's assets is the sum of the following values:
 (a) the value of the person's assets (disregarding paragraphs (b) and (c));
 (b) if the person is independent (see section 1067A) and is a member of a couple (see section 4)—the value of the assets of the person's partner;
 (c) if the person is not independent—the value of the assets of each person who is a family member of the person.
Sections 547E to 547G apply for the purpose of working out the value of the assets of the person and of any other person who is the partner, or a family member, of the person.