SOCIAL SECURITY (ADMINISTRATION) ACT 1999 - SECT 123WK Payment into bank account etc. of credit balances of income management accounts--person ceases to be subject to the income management regime

SOCIAL SECURITY (ADMINISTRATION) ACT 1999 - SECT 123WK

Scope

  (1)   This section applies to an amount that is to be paid to a person as:

  (a)   an instalment under subsection   123WJ(4); or

  (b)   a lump sum under subsection   123WJ(7).

Payment into bank account etc.

  (2)   The amount is to be paid to the credit of a bank account kept by the person.

  (3)   The bank account may be kept by the person either alone or jointly or in common with another person.

  (4)   The Secretary may direct that the whole or a part of the amount be paid to the person in a different way from that provided for by subsection   (2).

  (5)   If the Secretary gives a direction under subsection   (4), the amount is to be paid in accordance with the direction.