Commonwealth Consolidated Acts

SOCIAL SECURITY (ADMINISTRATION) ACT 1999 - SECT 123XPAA

Scope

  (1)   This section applies if:

  (a)   a person is subject to the income management regime under section   123UFAA; and

  (b)   an instalment of a category I welfare payment is payable to the person.

Deductions from category I welfare payments--instalments

  (2)   The following provisions have effect:

  (a)   the Secretary must deduct from the instalment of the category I welfare payment the deductible portion of the instalment;

  (b)   an amount equal to the deductible portion of the instalment is credited to the Income Management Record;

  (c)   an amount equal to the deductible portion of the instalment is credited to the person's income management account.

Deductible portion

  (3)   For the purposes of subsection   (2), the deductible portion of an instalment of a category I welfare payment is:

  (a)   70%; or

  (b)   if another percentage (not exceeding 100%) is specified in a legislative instrument made by the Minister for the purposes of this paragraph--the other 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 depending on one or more of the following:

  (a)   the category I welfare payments payable to persons subject to the income management regime under section   123UFAA;

  (b)   the usual place of residence of those persons;

  (c)   the recognised State/Territory authorities whose officers or employees may give a notice of the kind referred to in paragraph   123UFAA(1)(b).