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Where in all the circumstances of the case, any asset is actually of a lesser value than the amount calculated in accordance with prescribed Rules (that is either assets subject to the General Asset Valuation Rules or the Linked Asset Valuation Rules) such lesser value must be taken to be the value of the asset.

Amended: January 2007
(2 Versions)
Up to Jun 30 2007Jul 1 2007 onwards
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