Determining Severe Financial Hardship - Readily Available Funds

Last amended: What constitutes readily available funds

Readily available funds include cash on hand, financial institution accounts, term deposits, bonds, shares etc. Real estate, the family car and household contents are not considered readily available funds. When considering long term financial hardship, readily available funds include the surrender value of a life assurance policy, value of a second car or holiday home, etc. A person's readily available funds comprise: