Commonwealth Consolidated Acts

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SOCIAL SECURITY ACT 1991 - SECT 547A

Allowance not payable if assets value limit exceeded

    A youth allowance is not payable to a person if:

  (a)   the person is not excluded from the application of the youth allowance assets test; and

  (b)   the value of the person's assets is more than the person's assets value limit.

Note 1:   For persons excluded from application of test see section   547B.

Note 2:   For assets value limit see section   547C.

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