Farm Household Support Act 2014 (No. 12). Country/Territory Australia Document type Legislation Date 2014 (2019) Source FAO, FAOLEX Long titleAn Act to provide financial assistance to farmers and their partners, and for related purposes. Subject Agricultural & rural development Keyword Agricultural development Subsidy/incentive Youth Smallholders/peasants Financial agricultural measures Research Farming Family farming Geographical area Asia and the Pacific, Australia and New Zealand, Indian Ocean, Oceania, South Pacific Abstract This Act, consisting of 106 sections divided into six Parts, aims at regulating the supports to Farm Households. The object of this Act is to improve the financial situation of farmers and their partners, who need financial assistance, by providing them with financial assistance that consists of: (a) farm household allowance for up to 3 years; and (b) funding to engage in certain activities; and (c) funding to obtain a farm financial assessment. This Act provides financial assistance to certain farmers and their partners. The assistance is available to farmers, and partners of farmers, who contribute significant labour and capital to a farm enterprise that has a significant commercial purpose or character. The payments that are available under this Act are: (a) farm household allowance for up to 3 years; and (b) funding (called the activity supplement) for undertaking activities such as receiving training or advice, or undertaking study; and (c) funding (called the farm financial assessment supplement) to pay for an assessment of the financial position of a person and a relevant farm enterprise. The rules dealing with how to make claims, how payments are made and review of decisions relating to payments under this Act are found in the Social Security Act and the Social Security Administration Act. Full text English Website www.legislation.gov.au References - Legislation Repeals Farm Household Support Act 1992. Legislation | Australia | 1992 (2013) Keyword: Agricultural development, Subsidy/incentive, Youth Source: FAO, FAOLEX