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 3 Learner Household Units, Financial Eligibility, Section 47 Asset test

  1. A learner household unit is not financially eligible to receive income support and benefits or training benefits if a member of the household unit owns an asset that is not an exempt asset under section 2 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 or training 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.