SOCIAL SECURITY (ADMINISTRATION) ACT 1999 - SECT 123WD Income management accounts may have a nil balance

SOCIAL SECURITY (ADMINISTRATION) ACT 1999 - SECT 123WD

Nil balance

  (1)   A person's income management account may have a nil balance.

Examples

  (2)   The following are examples of cases where an income management account might have a nil balance:

  (a)   no amount has been credited to the income management account;

  (b)   the balance of the income management account has been debited under section   123WJ;

  (c)   the balance of the income management account has been debited under section   123WL;

  (d)   the balance of the income management account has been debited under Division   6.