Commonwealth Consolidated Acts

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SOCIAL SECURITY ACT 1991 - SECT 1099B

Income from asset-tested income stream (long term)

             (1)  For the purpose of working out the annual rate of ordinary income of a person from an asset-tested income stream (long term) to which this Subdivision applies, the person is taken to receive from that income stream each year the amount worked out under section 1099C or 1099D.

             (2)  Sections 1099C and 1099D do not apply to an income stream if section 1099DAA applies to the income stream.



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