How the initial contribution is calculated based on assets
How the initial contribution is calculated based on assets
Table 3 shows how the initial contribution payable is calculated for:
- a person who has no relevant financially associated person (FAP) and the total value of the person’s assets is more than $865 (Column A)
- a person who has an FAP and the total value of their combined assets is more than $1730 (Column B).
See: What is included as assets.
Paying an initial contribution assessed on assets
A person who receives a grant of legal assistance must usually pay the initial contribution assessed on assets in a lump sum.
However, if the person can show to Victoria Legal Aid (VLA) that he or she would suffer undue hardship by having to pay in a lump sum, VLA may allow the person to pay by instalments or extend the time for the lump sum payment to be made.
Table 3 – Calculating the initial contribution payable
| Column A | Column B | ||
|---|---|---|---|
| Net value of assets (rounded to nearest $100) |
Contribution | Net value of assets (rounded to nearest $100) |
Contribution |
| $100 | $20 | $1600 | $500 |
| $200 | $40 | $1700 | $550 |
| $300 | $60 | $1800 | $600 |
| $400 | $80 | $1900 | $650 |
| $500 | $100 | $2000 | $700 |
| $600 | $130 | $2100 | $760 |
| $700 | $160 | $2200 | $820 |
| $800 | $190 | $2300 | $880 |
| $900 | $220 | $2400 | $940 |
| $1000 | $250 | $2500 | $1000 |
| $1100 | $290 | $2600 | $1060 |
| $1200 | $330 | $2700 | $1120 |
| $1300 | $370 | $2800 | $1180 |
| $1400 | $410 | $2900 | $1240 |
| $1500 | $450 | $3000 | $1300 |
| – | – | more than $3000 | $1300 plus the full value of assets above $3000 |