1.1.F.20 Family assets (YA)

Definition: YA

For the purposes of the YA family assets test, family assets are the value of the assets of all family members.

Act reference: SSAct section 11(1)-'asset', section 23(15) Family member, section 547D Value of person's assets to include value of assets of partner or family members in certain circumstances

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Last reviewed: 1 July 2008