{"id":"F2006L01068","name":"Veterans' Entitlements Act 1986 - Determination under subsection 46L(1) No. 11/2006","slug":"veterans-entitlements-act-1986-determination-under-subsection-46l-1-no-11-2006","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":58380,"registerId":"commonwealth-F2006L01068-current","compilationNumber":null,"startDate":"2026-04-02","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Veterans' Entitlements Act 1986 - Determination under subsection 46L(1) No. 11/2006","content":"ATTACHMENT E\n\nVETERANS’ ENTITLEMENTS ACT 1986\n\nDETERMINATION UNDER SUBSECTION 46L(1)\n\nNo. 11/2006\n\nI, BRUCE BILLSON, Minister for Veterans’ Affairs, determine, under subsection 46L(1) of the Veterans’ Entitlements Act 1986 (the Act), that the financial investments made to the fund or account named in column A, sponsored by the organisation named in column B, are not to be regarded as financial assets for the purposes of sections 46D or 46E of the Act from the date specified in column C.\n\n| AFUND or ACCOUNT                                                   | BSPONSOR                                           | CDATE      |\n| ------------------------------------------------------------------ | -------------------------------------------------- | ---------- |\n| Interest Free LoansChurch Land Purchase Fund                       | The Stables ChristianCare Centre Incorporated      | 08/12/2004 |\n| Cash Management Account of the Redlands Christian Spiritual Centre | Redlands ChristianSpiritual Centre                 | 24/12/2004 |\n| Toronto Baptist ChurchBuilding Fund                                | Toronto Baptist Church                             | 09/02/2005 |\n| Holy Spirit ProvincePatrimony Fund                                 | Trustees of The Christian Brothers (the Brothers)  | 18/01/2005 |\n| Collinsville Aged AssistanceAssociation IncDeeming Exemption Fund  | Collinsville Aged Assistance Association Inc       | 21/06/2005 |\n| The Religious InstitutePatrimony Fund                              | The Presentation Sisters (the Religious Institute) | 06/09/2005 |\n| The Religious InstitutePatrimony/Trust Fund                        | The Brigidine Sisters(the Religious Institute)     | 05/09/2005 |\n\nDated this 28th day of March 2006\n\nBRUCE BILLSON\n\nMinister for Veterans’ Affairs","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":1253},"content_quality":"ok","complexity_score":2,"scope_assessment":{"changed":false,"description":"This is a standard exercise of the specific discretion granted by subsection 46L(1) of the Veterans' Entitlements Act 1986, which expressly authorises the Minister to determine that particular financial investments are not financial assets. The instrument remains within the intended scope of the enabling provision."},"complexity_factors":["Single-purpose exemption instrument with no conditional logic","Straightforward table format listing only 7 specific named entities","No nested exceptions or cross-references to other legislative provisions beyond the enabling section","Minimal defined terms—relies on existing definitions in the parent Act"],"plain_english_summary":"This decision exempts seven specific religious and charitable investment funds from the \"deeming\" rules used to calculate veterans’ pensions. Money held in those named church and charitable funds will not be treated as financial assets for pension means-testing, so veterans with investments in them won’t have assumed income counted against their pension. The exemption applies from the varying dates noted in the determination."}},"importantCases":[],"_links":{"self":"/api/acts/veterans-entitlements-act-1986-determination-under-subsection-46l-1-no-11-2006","history":"/api/acts/veterans-entitlements-act-1986-determination-under-subsection-46l-1-no-11-2006/history","analysis":"/api/acts/veterans-entitlements-act-1986-determination-under-subsection-46l-1-no-11-2006/analysis","conflicts":"/api/acts/veterans-entitlements-act-1986-determination-under-subsection-46l-1-no-11-2006/conflicts","importantCases":"/api/acts/veterans-entitlements-act-1986-determination-under-subsection-46l-1-no-11-2006/important-cases","documents":"/api/acts/veterans-entitlements-act-1986-determination-under-subsection-46l-1-no-11-2006/documents"}}