Policy

Last updated 22 December 2010

Extended land use test

Last amended: What is a special residence?

A residence is a [glossary:special residence:465] if it is:

Last amended: 30 May 2007

Purpose of deprivation provisions

Deprivation provisions are intended to limit the potential for a person to avoid the [glossary:income:31] and [glossary:assets tests:599]. For deprivation provisions to apply it must be shown that a person has diminished directly or indirectly the value of:

Last updated: 5 September 2012

Private land use test

Value of foreign shareholdings

The value of foreign shareholdings should be obtained from the internet by accessing the last sale price published on the relevant foreign stock exchange website. (The Investment Database Unit will assist in obtaining the latest value).

This chapter contains policy information on determining whether a person is or is not a member of a couple, and the relevance of relationship status to pension or payment entitlements and pension or payment rates.

See Also

What does a Disability Compensation Payment compensate for?

Items that are non-indexed

A number of VEA payments, limits and rates that are not subject to [glossary:indexation:433]. These include:

Bonus shares

A company may from time to time issue bonus shares to its shareholders, usually at a predetermined ratio, such as one bonus share for every ten shares held.