Commonwealth Consolidated Acts

VETERANS' ENTITLEMENTS ACT 1986 - SECT 46M

                   The total value of a person's listed securities and managed investments (being listed securities and managed investments that fluctuate depending on the market) (the relevant investments ) is determined in accordance with the following:

                     (a)  an initial total valuation is to be given to the relevant investments on 1 July 1996, or when a new claim is determined, by the method set out in departmental guidelines;

                     (b)  that total valuation continues in effect until the relevant investments are revalued by the method set out in departmental guidelines, and that revaluation must occur:

                              (i)  on 20 March in each calendar year after 1996; and

                             (ii)  on 20 September in each calendar year after 1996; and

                            (iii)  when the person requests a revaluation of one or more of the person's listed securities and managed investments; and

                            (iv)  following an event that affects the relevant investments and is the subject of a recipient notification notice.