SOCIAL SECURITY (ADMINISTRATION) ACT 1999 - SECT 123XPG Deductions from relocation scholarship payments

SOCIAL SECURITY (ADMINISTRATION) ACT 1999 - SECT 123XPG

Scope

  (1)   This section applies if:

  (a)   a person is subject to the income management regime; and

  (b)   a relocation scholarship payment is payable to the person.

Deductions from payment

  (2)   The following provisions have effect:

  (a)   the Secretary must deduct from the relocation scholarship 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 relocation scholarship payment is:

  (a)   100% of the amount of the payment; or

  (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 amount of the payment.