My God, is it 10 years already?....Well almost

[Mike@Bonbeach]

Our Assurance of Support bond becomes repayable next year, does anyone know whether it gets repaid on the 10 year anniversary of it being paid or on the 10 year anniversary of the date of our arrival in Australia?. There was a 4 month gap between the two dates.

Mike

[toOZ2012]

Our Assurance of Support bond becomes repayable next year, does anyone know whether it gets repaid on the 10 year anniversary of it being paid or on the 10 year anniversary of the date of our arrival in Australia?. There was a 4 month gap between the two dates.

Mike

 

Congratulations!

 

https://www.humanservices.gov.au/customer/services/centrelink/assurance-support

Time periods

Depending on the type of visa granted, an Assurance of Support can last for 2 or 10 years. The period starts from the date your assuree arrives in Australia or the date the visa is granted, whichever is the later date. You must notify us once your assuree has either arrived in the country or been granted the visa. Generally, your assuree and any of their dependants won’t be able to claim payments from us in this period.

An Assurance of Support remains active until the end of the Assurance of Support period (2 or 10 years), even if your assuree has become exempt from the 2 year waiting period that is required for most income support payments.

There are no exemptions from the Assurance of Support provisions, and becoming an Australian citizen does not cancel the Assurance of Support period. If your assuree, or any of their dependants, receives any of the income support payments that are recoverable under the Assurance of Support scheme during the Assurance of Support period, the assurer must repay this money.

The Assurance of Support can’t be cancelled due to events such as financial hardship, breakdown in relationships or if you become an Australian citizen.

If an assuree dies before arriving in Australia, or at any time during the Assurance of Support period, the Assurance of Support will be cancelled.

[Mike@Bonbeach]

Thanks for that toOZ2012, looks like it will be repaid on the anniversary of our landing. I will have to check to make sure our son notified humanservices that we have in fact arrived.

Mike