Commonwealth Consolidated Acts

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SOCIAL SECURITY ACT 1991 - SECT 1061EN

Meaning of

    For the purposes of paragraph   1061EM(1)(e) as it applies to a person who makes a claim for special employment advance, the person is in severe financial hardship if:

  (a)   where the person is not a member of a couple--the value of the person's liquid assets (within the meaning of subsection   14A(1)) is less than the fortnightly amount of the maximum payment rate of the special employment advance qualifying entitlement that is payable to the person; or

  (b)   where the person is a member of a couple--the value of the person's liquid assets (within the meaning of subsection   14A(2)) is less than twice the fortnightly amount of the maximum payment rate of the special employment advance qualifying entitlement that is payable to the person.


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