SOCIAL SECURITY (ADMINISTRATION) ACT 1999 - SECT 123XJB Deductions from category I welfare payments--lump sums
SOCIAL SECURITY (ADMINISTRATION) ACT 1999 - SECT 123XJB
Deductions from category I welfare payments--lump sums(a) a person is subject to the income management regime under section 123UCA; and
(b) a category I welfare payment is payable to the person otherwise than by instalments.
Deductions from category I welfare payments--lump sums
(2) The following provisions have effect:
(a) the Secretary must deduct from the category I welfare payment the deductible portion of the payment;
(b) an amount equal to the deductible portion of the payment is credited to the Income Management Record;
(c) an amount equal to the deductible portion of the payment is credited to the person's income management account.
(3) For the purposes of subsection (2), the deductible portion of a category I welfare payment is:
(b) if a lower percentage is specified in a legislative instrument made by the Minister for the purposes of this paragraph--the lower percentage;
of the net amount of the instalment (rounded down to the nearest cent).
(4) An instrument under paragraph (3)(b) may specify
different percentages in relation to different category I welfare payments.