This definition applies to all income support payments under the SSAct.
An exchange trading system is a scheme in which members:
The Secretary may class an ETS as an 'approved scheme' where the scheme meets criteria stated in the SSAct that:
Act reference: SSAct section 8(9) An exchange trading system…, section 8(10) An exchange trading system is an approved exchange trading system…
Policy reference: SS Guide 188.8.131.52 Income Exempt from Assessment - Specifically Approved
Last reviewed: 12 November 2012