BB4.5 Ownership of investment funds (29/09/2003)

Funds may be owned either:

1. solely by the principal applicant; or
2. jointly by the principal applicant and partner and/or dependent children (provided a visa or immigration officer is satisfied the principal applicant and partner have been living together for 12 months or more in a partnership that is genuine and stable - (see R2.1.15.1 (b) and R2.1.15.5(a)(i) the principal applicant may claim the full value of such jointly owned funds or assets for assessment purposes).
3. If funds or assets are held jointly by the principal applicant and a person other than their partner or dependent child, the principal applicant may only claim the value of that portion of the funds or assets for which they provide evidence of ownership.

Effective 29/09/2003