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SOCIAL SECURITY ACT 1991 - SECT 1099DB

Income from asset - test exempt income streams

  (1)   For the purpose of working out the annual rate of ordinary income of a person from an asset - test exempt income stream to which this Subdivision applies, the person is taken to receive from that income stream each year:

  (a)   if the income stream is not a defined benefit income stream--the amount determined by the Secretary under this paragraph; or

  (b)   if the income stream is a defined benefit income stream--the amount determined by the Secretary under this paragraph.

  (2)   In making a determination under paragraph   (1)(a) or (b), the Secretary must comply with any relevant decision - making principles in force under section   1099DD.


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