Document ID: chunk:federal_register_of_legislation:C2025C00162:section:1126:p2
Version: federal_register_of_legislation:C2025C00162
Segment Type: section
Provision Reference: s 1126 (pt 2/2)
Character Range: 2200929–2202065

of the person's former partner's assets because of that disposition is to be included in the value of the person's assets.
 (4) If:
 (a) an amount is included under subsection (1) in the value of the assets of a person who is a member of a couple and the value of the assets of the person's partner because of a disposition of an asset by the person; and
 (b) the person dies;
no amount is to be included in the value of the assets of the person's partner because of that disposition.
 (5) If:
 (a) an amount is included under subsection (1) in the value of the assets of a person who is a member of a couple and the value of the assets of the person's partner because of a disposition of an asset by the person; and
 (b) the partner dies;
any amount that would, if the partner had not died, be included in the value of the partner's assets because of the disposition is to be included in the value of the person's assets.
 (6) In this section:
disposal limit means:
 (a) in relation to assets disposed on or after 1 March 1986 and before 1 March 1991—$4,000; and
 (b) in relation to assets disposed of on or after 1 March 1991—$10,000.