Commonwealth Numbered Acts

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SOCIAL SECURITY AMENDMENT ACT 1988 No. 58, 1988 - SECT 14

Income test
14. Section 122 of the Principal Act is amended by omitting subsection (10)
and substituting the following subsection:

"(10) Subject to section 7, a benefit is not payable to a person who has
attained the age of 25 years if the value of the property of the person
exceeds: (a) if the person is a married person whose spouse is not in receipt
of a prescribed pension:

        (i)    if subparagraph 4 (1) (a) (ii) applies to the person-twice the
               amount specified in paragraph 8 (c);

        (ii)   if subparagraph 4 (1) (a) (ii) does not apply to the
               person-twice the amount specified in paragraph 8 (d); or

   (b)  in any other case-the amount specified in the paragraph of section 8
        that applies to the person.". 


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