Commonwealth Consolidated Acts

VETERANS' ENTITLEMENTS ACT 1986 - SECT 46V

                   If the asset-test exempt income stream to which this Subdivision applies is a defined benefit income stream, the amount that the person is taken to receive from the income stream each year is worked out as follows:

where:

"annual payment" means the amount payable to the person for the year under the income stream.

"deductible amount" has the meaning given by subsection 5J(1).