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Update 13 January 1994

Update 108G # Date 13 January 1994

CHAPTER 27 - DETERMINING RATES OF PAYMENT - Overseas pensions British pensions treatment under Agreement. See guidelines 27.8920 (27.8921 to 27.8973 deleted).

 

Removal of superseded guideline from Guide. Revised policy is contained in guideline 3.700 et seq of International Agreements Manual.

 

Update 107G # Date 13 January 1994

CHAPTER 27 - DETERMINING RATES OF PAYMENT - Amendment to table of contents to reflect update 108G.

 

Update 106G # Date 13 January 1994

CHAPTER 27 - DETERMINING RATES OF PAYMENT - Where shares are purchased to obtain accommodation under certain shared equity housing schemes, the granny flat rules for homeownership, assessment of assets and rent assistance should be applied. See guidelines 27.15110 to 27.15115.

 

These references explain that, in certain shared equity schemes, purchase of shares for group housing should be considered under the granny flat provisions.

 

Update 105G # Date 13 January 1994

CHAPTER 27 - DETERMINING RATES OF PAYMENT - Where shares are purchased to obtain accommodation under certain shared equity housing schemes, the granny flat rules for homeownership, assessment of assets and rent assistance should be applied. See guidelines 27.15220 to 27.15255.

 

Under certain shared equity schemes, the purchase of shares to obtain supported group accommodation should be considered under the granny flat provisions. This applies, for example, with residents of Singleton Equity Housing Ltd, operating in Victoria.

 

Update 104G # Date 13 January 1994

CHAPTER 27 - DETERMINING RATES OF PAYMENT - Amendment to table of contents to reflect update.

 

Update 103G # Date 13 January 1994

CHAPTER 27 - DETERMINING RATES OF PAYMENT - Local Exchange Trading Systems (LETS). See guidelines 27.9480 to 27.9482.

 

Credits received from participation in LETS schemes are now exempt income.

 

Update 102G # Date 13 January 1994

CHAPTER 27 - DETERMINING RATES OF PAYMENT - Amendment to table of contents to reflect update 103G.

 

Update 101G # Date 13 January 1994

CHAPTER 27 - DETERMINING RATES OF PAYMENT - Valuable consideration - LETS Schemes. See guidelines 27.9200 to 27.9205.

 

The value of goods and services provided under a recognised LETS Scheme will be exempt income for the income test.


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