Commonwealth Consolidated Acts

SOCIAL SECURITY ACT 1991 - SECT 1084

  (1)   The Minister may determine that:

  (a)   specified financial investments; or

  (b)   a specified class of financial investments;

are not to be regarded as financial assets for the purposes of section   1076, 1077 or 1078.

  (2)   If a financial investment is an unrealisable asset for the purposes of section   1129, 1130B or 1131, the financial asset is not to be regarded as a financial asset for the purposes of section   1076, 1077 or 1078.

  (3)   A determination under subsection   (1):

  (a)   must be in writing; and

  (b)   takes effect on the day on which it is made or on such other day (whether earlier or later) as is specified in the determination.