Policy

Definition of eligible interest in a sugarcane farm

Eligibility for Qualifying Farmers

VEA→

The criteria for transfer of a [glossary:farm:68] or farms under the scheme that allowed the farm property to be disregarded under the deprivation of assets rules were as follows:

Last amended: 19 May 2011

What is EdEP

The [glossary:education entry payment:478] (EdEP) is a DVA payment to assist eligible pensioners with the cost of enrolling in a course of study in order to develop their skills, obtain a qualification and improve their employment prospects. EdEP can be paid to some DVA clients who receive payments under the VEA and also qualify for the Centrelink pensioner education supplement.

Eligibility for EdEP

Last amended: 13 December 2007

What is RAFS

RAFS is a scheme that intended to allow older farmers to transfer ownership of the family farm or farms, by way of gift to the younger generation, without affecting the retiring farmer's eligibility for income support, or rate of income support.

Net assets limit of $500,000 applies

Claiming a bonus payment

To claim a bonus payment, a member of the [glossary:pension bonus scheme:673] (PBS) must:

This section outlines the requirements that must be met in order for participation in RAFS to be considered for a particular farm transfer.