1.1.D.210 Disposal of assets

Usage

This definition applies to all payments.

Definition

Disposal of assets is generally referred to as deprivation. Deprivation occurs where a person disposes of an asset (1.1.A.290) and/or income for nil or less than the value of the asset and/or income.

Act reference: SSAct section 1123 Disposal of assets

Policy reference: SS Guide 1.1.D.220 Disposal of income

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Last reviewed: 1 February 2010