For benefit calculation purposes, liquid assets in hand that are not excluded on the LAST DAY of the MONTH are subtracted from the determined needs.
Liquid assets include all excluded amounts, in part or in whole, that were acquired through income, earnings and benefits.
Amounts that have been disposed of BY CHEQUE no longer form part of a recipient's liquid assets, once the cheques can be cashed. Thus a CHEQUE that is still OUTSTANDING on the last day of the month will be deducted from the liquid assets that may be included for benefit calculation purposes, whether the account on which the cheque is drawn displays a positive or negative balance.
It should be noted that squandering or disposing of such amounts may result in refusal, reduction or cancellation of assistance.