Requirement for Transfer to Eligible Descendant
Eligible descendant must have had active involvement
The eligible descendant that the farm was transferred to must have had an active involvement in the farm over the last three years.
Active involvement
The eligibility criteria for transfer to descendant
Once the active involvement was established, it was necessary to satisfy other RAFS eligibility criteria included in the table below.
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If the farmer transferred the farm as a gift to... |
Then the farmer |
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an eligible descendant VEA →
Section 49A(1) VEA - Requirement for qualifying farmer Section 49A(2) VEA - Requirement for former partner |
Met the first criterion that allowed them to participate in RAFS More →
RAFS eligibility criteria |
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multiple eligible descendants VEA →
Section 49A(1) VEA - Requirement for qualifying farmer Section 49A(2) VEA - Requirement for former partner |
Met the first criterion that allowed them to participate in RAFS More →
RAFS eligibility criteria |
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a Trust, where the trustee was an eligible descendant, or an eligible descendant and his or her partner |
Met the first criterion that allowed them to participate in RAFS More →
RAFS eligibility criteria |
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a Trust where the trustee was not an eligible descendant |
Was not eligible to participate in RAFS |
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Was not eligible to participate in RAFS |
Source URL: https://clik.dva.gov.au/compensation-and-support-policy-library/part-5-income-support-allowances-and-benefits/55-retirement-assistance-farmers-scheme-rafs/553-requirements-applicable-farm-transfer/requirement-transfer-eligible-descendant