84Simplified outline of this Part

84 Simplified outline of this Part

The Secretary may require a person to have a farm financial assessment conducted if the person is receiving, or has made a claim for, farm household allowance.

A farm financial assessment is an assessment of the financial position of a farm enterprise, and the person for whom the assessment is conducted, and options for improving that financial position.

A farm financial assessment must be conducted by an independent person who has appropriate qualifications or expertise to conduct the assessment.

If a person has a farm financial assessment conducted, he or she may qualify for a farm financial assessment supplement, which may be paid directly to the person or to the person who conducted the assessment.

The amount of the supplement is the cost of the farm financial assessment (up to a maximum amount).

Farm household allowance may not be payable if a person fails to comply with a requirement to have a farm financial assessment conducted.

The rules dealing with how to make claims, how payments are made and review of decisions relating to the supplement are found in the Social Security Act and the Social Security Administration Act. (This is because Part 5 of this Act applies the Social Security Act and the Social Security Administration Act in relation to the supplement.)