Last amended: 9 December 2008
The United Kingdom, Canada and New Zealand have made a one-off compensation payment to prisoners of war of the Japanese. This amount is an exempt lump sum for income test purposes, but if for example, invested or retained as cash, is treated as a financial asset and deemed.
More ? [2]
HMA payments do not represent direct reimbursement for the expenses incurred in managing accepted war-caused conditions. They comprise unchanging monthly rates of payments as a consequence of exposure to radiation, rather than payments in respect of loss. They do not fall within an existing means test exemption and should be assessed under the income test.
Links
[1] https://clik.dva.gov.au/user/login?destination=node/16480%23comment-form
[2] https://clik.dva.gov.au/book/export/html/16480#tgt-cspol_part10_ftn159
[3] https://clik.dva.gov.au/compensation-and-support-policy-library/part-9-principles-determining-pension-rate/95-deeming-provisions
[4] https://clik.dva.gov.au/book/export/html/16480#ref-cspol_part10_ftn159