A financial component is expired when it reaches its end date. For once-off financial components, this means that expiration occurs immediately after the financial component is processed. For recurring financial components, the financial component remains live, and continues to be processed, until the end date is reached. It is then expired.
A financial component will also be expired if reassessment finds the primary client to be ineligible for a case component linked to the financial component. This may occur any time the financial component is reassessed and ensures that a financial component will cease to be processed if a change in circumstances affects a primary client's eligibility.