{"id":"F2005L03993","name":"Veterans' Entitlements Act 1986 - Determination under subsection 46L(1) (19/01/2005)","slug":"veterans-entitlements-act-1986-determination-under-subsection-46l-1-19-01-2005","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":39907,"registerId":"commonwealth-F2005L03993-current","compilationNumber":null,"startDate":"2026-04-01","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Veterans' Entitlements Act 1986 - Determination under subsection 46L(1) (19/01/2005)","content":"VETERANS’ ENTITLEMENTS ACT 1986\n\nDETERMINATION UNDER SUBSECTION 46L(1)\n\nI, JEANETTE RICKETTS, as delegate for De-Anne Kelly, Minister for Veterans’ Affairs, determine, under subsection 46L(1) of the Veterans’ Entitlements Act 1986, that the financial investments specified in Column A are not to be regarded as financial assets for the purposes of section 46D or 46E of the Veterans’ Entitlements Act 1986 from the date specified in Column B, subject to the condition that the financial investments are not operating to provide any returns and the investors have no access at all to the investment capital.\n\n| AINVESTMENT                                                                                  | BDATE           |\n| -------------------------------------------------------------------------------------------- | --------------- |\n| Credential Acceptance Corporation Pty Ltd (in Liquidation)At Call Accounts and Term Deposits | 14 January 2004 |\n| Tassal Limited Shares                                                                        | 17 October 2003 |\n\nDated this Nineteenth day of January 2005\n\nJEANETTE RICKETTS\n\nDelegate for De-Anne Kelly, Minister for Veterans’ Affairs","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":956},"content_quality":"ok","complexity_score":2,"scope_assessment":{"changed":false,"description":"This determination operates exactly within the bounds of subsection 46L(1) of the Veterans' Entitlements Act 1986, which specifically authorises the Minister to exempt particular financial investments from being treated as financial assets. The instrument addresses two specific failed investments and does not expand beyond this narrow administrative purpose."},"complexity_factors":["Short, single-purpose instrument with only 2 specific investment listings","Simple conditional structure requiring only two cumulative criteria (no returns + no access)","References to existing legislative framework (VEA sections 46D, 46E, 46L) without modifying them","No definitions, schedules, or transitional provisions"],"plain_english_summary":"This ministerial decision removes two stalled investments—Credential Acceptance Corporation (in liquidation) at-call accounts and term deposits, and Tassal Limited shares—from the veterans’ pension assets test where they pay no interest/dividends and the capital is inaccessible. It prevents these effectively worthless holdings from reducing pension entitlements, protecting affected veterans from being penalised for assets they cannot access or benefit from."}},"importantCases":[],"_links":{"self":"/api/acts/veterans-entitlements-act-1986-determination-under-subsection-46l-1-19-01-2005","history":"/api/acts/veterans-entitlements-act-1986-determination-under-subsection-46l-1-19-01-2005/history","analysis":"/api/acts/veterans-entitlements-act-1986-determination-under-subsection-46l-1-19-01-2005/analysis","conflicts":"/api/acts/veterans-entitlements-act-1986-determination-under-subsection-46l-1-19-01-2005/conflicts","importantCases":"/api/acts/veterans-entitlements-act-1986-determination-under-subsection-46l-1-19-01-2005/important-cases","documents":"/api/acts/veterans-entitlements-act-1986-determination-under-subsection-46l-1-19-01-2005/documents"}}