This definition applies to social security pensions (section 23(1)-'social security pension'), social security benefits (section 23(1)-'social security benefit') and family assistance payments and is only to be used for assets testing provisions.
Please refer to the definition of this term in the SSAct.
Act reference: SSAct section 11(10A) Pre-pension year-disposal of assets, section 23(1)-'social security pension', section 23(1)-'social security benefit'
Policy reference: SS Guide 4.6 Assets
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Last reviewed: 5 September 2011