Commonwealth Consolidated Acts

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VETERANS' ENTITLEMENTS ACT 1986 - SECT 48B

Disposal of ordinary income--not a member of a couple

    If a person who is not a member of a couple has, on or after 1   June 1984, disposed of ordinary income of the person, the amount of that disposition is to be included in the person's ordinary income for the purposes of this Act.

Note 1:   For disposes of income see section   48.

Note 2:   For amount of disposition see section   48A.

Note 3:   For ordinary income see subsection   5H(1): ordinary income includes investment income but does not include maintenance income.



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