Document ID: chunk:federal_register_of_legislation:C2007A00029:clause:3_28
Version: federal_register_of_legislation:C2007A00029
Segment Type: clause
Provision Reference: sch 3 cl 28
Character Range: 16900–17637

28  Subsections 52BA(2), (3) and (4)
Repeal the subsections, substitute:

 (2) The value of an income stream that is not a defined benefit income stream is, for the purposes of the assets test, determined by the Commission.

 (3) The value of an income stream that is a defined benefit income stream is, for the purposes of the assets test, determined by the Commission.

 (4) In making a determination under subsection (2) or (3), the Commission must comply with any relevant decision‑making principles in force under subsection (5).

 (5) The Commission may, by legislative instrument, formulate principles (decision‑making principles) to be complied with by it in making decisions under:
 (a) subsection (2); or
 (b) subsection (3).