(1) A counselling and psychological services payment is a payment of compensation under the scheme. However, for the purposes of:
(a) the Social Security Act 1991 and the Veterans' Entitlements Act 1986 ; and
(b) any other legislation of the Commonwealth, a State or a Territory;
the payment is not to be treated as being a payment of compensation or damages.
Note: This subsection prevents a counselling and psychological services payment affecting other payments that may be payable to the person under legislation. For example, when determining whether a social security payment is payable, or the amount of such a payment, a counselling and psychological services payment is not to be taken into account.
(2) For the purposes of the application of any law of the Commonwealth, a State or a Territory in relation to a counselling and psychological services payment:
(a) the payment and the entitlement to the payment are absolutely inalienable, whether by way of, or in consequence of, sale, assignment, charge, execution, bankruptcy or otherwise; and
(b) no amount may be deducted from the payment.
(2A) Subsections (1) and (2) have effect subject to section 51.
(3) Nothing in this Act prevents a liability insurance contract from treating a counselling and psychological services payment as being a payment of compensation or damages.