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Income and Employment Supports Regulations
Published Date: January 01, 2019
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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 Household units & Expected to Work or Working Household units, Financial Eligibility, Section 21 Liquid 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 the liquid assets of the household unit exceed the total value of 3 months of the following:

     

    1. the core income support that may be provided to the household unit,

       

    2. the federal child benefit amount, determined by the Minister, that would be provided to the household unit if each dependent child were assumed to be eligible for the federal child benefit, and
    3. any supplementary income support included by the Director.

  2. This section does not apply to a liquid asset of a dependent child to the extent it is exempted by the Director.