Commonwealth Numbered Acts

SOCIAL SECURITY LEGISLATION AMENDMENT ACT 1994 No. 63, 1994 - SCHEDULE 2

SCHEDULE 2
CONSEQUENTIAL AMENDMENTS OF THE SOCIAL SECURITY ACT 1991
RELATING TO PENALTY INTEREST CHARGE
1. Subsection 1222(1) (Note 1): Before the last dot point insert:

"S section 1229 debts-penalty interest debts; S section 1229A debts-penalty
interest agreement debts;".
2. Subsection 1222(2) (Recovery Methods Table): After item 8 insert the
following items:

"8A. 1229 (penalty interest debt) deductions legal proceedings garnishee
notice 1231, 1234A 1232 1233
8B. 1229A (penalty interest agreement debt) deductions legal proceedings
garnishee notice 1231, 1234A 1232 1233".
3. Section 1222A (Note 1): Omit "and 1226A", substitute ", 1226A, 1229 and
1229A".
4. Subsection 1223(9): Add at the end:

"Note 4: If the person does not pay the debt or enter into an agreement to pay
the debt within a certain time, interest may become payable on the debt (see
section 1229). If the person enters into an agreement to pay the debt and
breaches the agreement, interest may become payable on the debt (see section
1229A).".
5. Subsection 1223AA(1): Add at the end:

"Note 4: If the person does not pay the debt or enter into an agreement to pay
the debt within a certain time, interest may become payable on the debt (see
section 1229). If the person enters into an agreement to pay the debt and
breaches the agreement, interest may become payable on the debt (see section
1229A).". 6. Subsection 1223A(1): Add at the end:

"Note 4: If the person does not pay the debt or enter into an agreement to pay
the debt within a certain time, interest may become payable on the debt (see
section 1229). If the person enters into an agreement to pay the debt and
breaches the agreement, interest may become payable on the debt (see section
1229A).".
7. Subsection 1223B(1): Add at the end:

"Note 4: If the person does not pay the debt or enter into an agreement to pay
the debt within a certain time, interest may become payable on the debt (see
section 1229). If the person enters into an agreement to pay the debt and
breaches the agreement, interest may become payable on the debt (see section
1229A).". 8. Subsection 1224(1) (Note): Omit, substitute:

"Note: If the person does not pay the debt or enter into an agreement to pay
the debt within a certain time, interest may become payable on the debt (see
section 1229). If the person enters into an agreement to pay the debt and
breaches the agreement, interest may become payable on the debt (see section
1229A).".
9. Section 1224A: Add at the end:

"Note 5: If the person does not pay the debt or enter into an agreement to pay
the debt within a certain time, interest may become payable on the debt (see
section 1229). If the person enters into an agreement to pay the debt and
breaches the agreement, interest may become payable on the debt (see section
1229A).". 10. Section 1224B: Add at the end:

"Note 4: If the person does not pay the debt or enter into an agreement to pay
the debt within a certain time, interest may become payable on the debt (see
section 1229). If the person enters into an agreement to pay the debt and
breaches the agreement, interest may become payable on the debt (see section
1229A).".
11. Subsection 1224C(1): Add at the end:

"Note 4: If the person does not pay the debt or enter into an agreement to pay
the debt within a certain time, interest may become payable on the debt (see
section 1229). If the person enters into an agreement to pay the debt and
breaches the agreement, interest may become payable on the debt (see section
1229A).".
12. Subsection 1224D(1) (Note 5): Omit, substitute:

"Note 5: If the person does not pay the debt or enter into an agreement to pay
the debt within a certain time, interest may become payable on the debt (see
section 1229). If the person enters into an agreement to pay the debt and
breaches the agreement, interest may become payable on the debt (see section
1229A).".
13. Subsection 1225(1) (Note 5): Omit, substitute:

"Note 5: If the person does not pay the debt or enter into an agreement to pay
the debt within a certain time, interest may become payable on the debt (see
section 1229). If the person enters into an agreement to pay the debt and
breaches the agreement, interest may become payable on the debt (see section
1229A).".
14. Subsection 1226A(1) (Note 5): Omit, substitute:

"Note 5: If the person does not pay the debt or enter into an agreement to pay
the debt within a certain time, interest may become payable on the debt (see
section 1229). If the person enters into an agreement to pay the debt and
breaches the agreement, interest may become payable on the debt (see section
1229A).".
15. Subsection 1227(1) (Note 5): Omit, substitute:

"Note 5: If the person does not pay the debt or enter into an agreement to pay
the debt within a certain time, interest may become payable on the debt (see
section 1229). If the person enters into an agreement to pay the debt and
breaches the agreement, interest may become payable on the debt (see section
1229A).".
16. Subsection 1230(1): Add at the end:

"Note 3: If the person does not pay the debt or enter into an agreement to pay
the debt within a certain time, interest may become payable on the debt (see
section 1229). If the person enters into an agreement to pay the debt and
breaches the agreement, interest may become payable on the debt (see section
1229A).".
17. Subsection 1230A(1): Add at the end:

"Note 3: If the person does not pay the debt or enter into an agreement to pay
the debt within a certain time, interest may become payable on the debt (see
section 1229). If the person enters into an agreement to pay the debt and
breaches the agreement, interest may become payable on the debt (see section
1229A).".