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Income and Employment Supports Regulations

Published Date: August 01, 2011
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Income Support, Training and Health Benefits Regulation

Part 1 Income Support and Benefits and Training Benefits

Division 2 Barriers to Full Employment Households & Expected to Work or Working Households, Financial Eligibility, Section 20 Asset test

  1. A barriers to full employment household unit or an expected to work or working household unit is not financially eligible to receive income support and benefits if a member of the household unit owns an asset that is not an exempt asset under section 1 of Schedule 1.

  2. If the Director is of the opinion that an asset has been disposed of for less than fair market value to establish or maintain eligibility for income support and benefits, that asset will be included in a determination of assets.

  3. This section does not apply to an asset of a dependent child that is exempted by the Director.