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This definition applies to all payments.
Disposal of income refers to a course of action that either destroys, disposes or diminishes income or a source of income, without receiving something of equivalent value for the income source forgone, OR for the purposes of obtaining a social security advantage.
Act reference: SSAct section 1106(1) Disposal of ordinary income, section 1106(2) Disposal of ordinary income
Policy reference: SS Guide 1.1.D.210 Disposal of assets, 4.1.1 General Provisions of Deprivation
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Last reviewed: 16 May 2011
