Clause 8. Cash Asset Limits

8

Cash Asset Limits

8.1

An Applicant may not be granted a Payment if his or her Cash Assets exceed the appropriate limits in clause 8.3.

8.2

An Applicant's Cash Assets include the Cash Assets of his or her Parent if the Applicant is a Child.

8.3

The Cash Assets limits referred to in clause 8.1 are-

(a)

for a single person, the amount in clause 1 of Schedule 5 of the Act; or

(b)

for a person who is married or in a civil union or in a de facto relationship or a sole parent, the amount in clause 2 of that Schedule.