Commonwealth Consolidated Regulations (1) Money deposited in
an account in a financial institution that is payable on call is a debt due to
the payer even if a condition relating to the account is unsatisfied.
(2) Money deposited in
an account in a financial institution that is payable on notice is a debt due
to the payer at the end of the notice period required, starting on the date of
service of the Third Party Debt Notice on the third party debtor.
Note Some legislative provisions provide that payments under
the legislation are exempt from payment: for example, some pensions.