Document ID: chunk:federal_register_of_legislation:C2025C00162:section:1148:p2
Version: federal_register_of_legislation:C2025C00162
Segment Type: section
Provision Reference: s 1148 (pt 2/2)
Character Range: 2275163–2276150

if the resident is a member of an illness separated couple—the amount that, as at the time when the sale leaseback agreement is entered into, is the difference between the pension "single" homeowner AVL and the pension "single" non‑homeowner AVL; or
 (c) in any other case—the amount that, as at the time when the sale leaseback agreement is entered into, is the difference between the pension "partnered" homeowner AVL and the pension "partnered" non‑homeowner AVL.
 (3) For the purposes of this section, a person becomes entitled to take up residence in a retirement village when the person becomes entitled to take up residence in a retirement village pursuant to the agreement under which the person's current right to live in the retirement village arises.
 (4) In this section, "pension 'single' homeowner AVL", "pension 'single' non‑homeowner AVL", "pension 'partnered' homeowner AVL" and "pension 'partnered' non‑homeowner AVL" have the same meaning as in Part 3.16 (Indexation).