Definition
This field contains the rural exemption type for gifts. It is used to ensure that income from gifts that should be exempt for rural processing can be recorded on the system and identified as an exempt asset and/or deemed income from assets.
Components
Data Element (this item)
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Data Element ConceptAsset: Gift rural exemption code 0.1
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Object ClassAsset 0.1
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PropertyGift rural exemption code
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Value DomainRural exemption code 0.1
Representation
This representation is based on the value domain for this data element, more information is available at " Rural exemption code 0.1 ".| Data Type | String |
|---|---|
| Format | AAA |
| Maximum character length | 3 |
| Value | Meaning | Start Date | End Date | |
|---|---|---|---|---|
| Permissible Values | ASS | Asset value to be exempt | ||
| INC | Deemed income to be exempt | |||
| BTH | Both asset and deemed income to be exempt | |||
| NOT | Neither asset value or deemed income is to be exempt | |||
| FHA | Farm Household Allowance |
Comments
This field is used to indicate if the asset and/or the deemed income from the asset is to be assessed as exempt for Rural payments such as Exceptional Circumstances Relief Payment (ECRP), Transitional Income Support (TIS), and Interim Income Support (IIS).
Deprivation of assets may be exempt for rural payments where the deprivation has been assessed as essential to the ongoing running of the qualifying farm or small business.