Last amended: 30 August 2011
VEA ? [2]
[glossary:I:] — [glossary:neligible property owners:] [3] are not eligible for rent assistance [4], except in the following specified circumstances.
Subsection 5N(1) [5] of the VEA lists a number of exemptions for property owners [4] which may result in rent assistance eligibility. These are those property owners who:
A pensioner owns a half share in a unit as a tenant in common with his two sons. Under an informal arrangement he also pays 'rent' to his two sons to compensate them for their investment in the unit. The pensioner is classified as a property owner under the subsection 5L(4) [5] VEA and as a result he is an ineligible property owner under subsection 5N(1) [5] VEA for the purposes of the rent definition. The pensioner fails to satisfy any of the exemptions from being considered an ineligible property owner. Thus this pensioner is not eligible for rent assistance.
A pensioner has sold her principal home and intends to use the proceeds to acquire a new home. She invests the sale proceeds and lives in rental accommodation while she searches for a suitable property to buy. For up to 12 months from the home sale, she remains classified as a property owner under paragraph 5L(4) (c) [5] of the VEA. This also exempts her from being considered an ineligible property owner under paragraph 5N(1) (a) [5] of the VEA and therefore makes her eligible for rent assistance. If there are delays beyond her control in acquiring a new home, this arrangement may be extended for up to an additional 12 months.
Rent Assistance is an allowance which may be paid to a service pensioner, income support supplement (ISS) or veteran payment recipient to assist in meeting the cost of rental accommodation.
To receive rent assistance a pensioner must be paying rent (other than Government rent) for accommodation in Australia, and the amount paid must exceed a certain threshold.
The principal home has the meaning given by subsection 5LA(1) [23] of the VEA and subsection 5LA(2) [23] of the VEA. The principal home of a person is generally the place in which they reside. In certain circumstances, however, the principal home of a person can be the place in which they formerly resided. The following property is regarded as part of the principal home.
Links
[1] https://clik.dva.gov.au/user/login?destination=node/16283%23comment-form
[2] https://clik.dva.gov.au/book/export/html/16283#tgt-cspol_part5_ftn21
[3] clikpopup://DEF/Ineligible Property Owner
[4] https://clik.dva.gov.au/%23
[5] https://clik.dva.gov.au/service-eligibility-assistant-updates/all-determinations-order-date-signed-oldest-most-recent/determinations-under-vea
[6] https://clik.dva.gov.au/book/export/html/16283#tgt-cspol_part5_ftn22
[7] https://clik.dva.gov.au/book/export/html/16283#tgt-cspol_part5_ftn23
[8] https://clik.dva.gov.au/book/export/html/16283#tgt-cspol_part5_ftn24
[9] https://clik.dva.gov.au/book/export/html/16283#tgt-cspol_part5_ftn25
[10] https://clik.dva.gov.au/book/export/html/16283#tgt-cspol_part5_ftn26
[11] https://clik.dva.gov.au/book/export/html/16283#ref-cspol_part5_ftn21
[12] https://clik.dva.gov.au/compensation-and-support-policy-library/part-9-principles-determining-pension-rate/92-residential-situation/927-departure-principal-home/sale-or-deprivation-home
[13] https://clik.dva.gov.au/book/export/html/16283#ref-cspol_part5_ftn22
[14] https://clik.dva.gov.au/compensation-and-support-policy-library/part-9-principles-determining-pension-rate/92-residential-situation/927-departure-principal-home/temporary-absence
[15] https://clik.dva.gov.au/compensation-and-support-policy-library/part-9-principles-determining-pension-rate/92-residential-situation/927-departure-principal-home/extension-home-proceeds-exemption
[16] https://clik.dva.gov.au/book/export/html/16283#ref-cspol_part5_ftn23
[17] https://clik.dva.gov.au/compensation-and-support-policy-library/part-9-principles-determining-pension-rate/92-residential-situation/924-care-assessment-rules/care-assessment-rules
[18] https://clik.dva.gov.au/compensation-and-support-policy-library/part-9-principles-determining-pension-rate/92-residential-situation/927-departure-principal-home/entering-care
[19] https://clik.dva.gov.au/book/export/html/16283#ref-cspol_part5_ftn24
[20] https://clik.dva.gov.au/compensation-and-support-policy-library/part-9-principles-determining-pension-rate/92-residential-situation/923-additional-assessment-rules-certain-types-residences/mobile-home
[21] https://clik.dva.gov.au/book/export/html/16283#ref-cspol_part5_ftn25
[22] https://clik.dva.gov.au/book/export/html/16283#ref-cspol_part5_ftn26
[23] http://clik.dva.gov.au/legislation-library