If, under subsection , the Secretary gives the Part 3B payment nominee or the first person a stored value card, the giving of the cardboard does not have consequences beneath the income tax legislation for the Part 3B cost nominee or the primary person. If, beneath subsection , the Secretary will increase the monetary value stored on a saved worth card held by the primary particular person, the primary individual’s earnings administration account is debited by an amount equal to the increase in the financial value.
If, underneath subsection , the Secretary gives the first individual a saved value card, the first individual’s revenue management account is debited by an amount equal to the financial value saved on the card. an quantity equal to the deductible portion of the fee is credited to the person’s income management account.
an amount equal to the deductible portion of the instalment is credited to the person’s revenue management account. The fee beneath subsection should happen within the 12‑month interval starting when the person ceased to be topic to the revenue management regime. The day specified within the determination must happen throughout the 12‑month interval beginning when the person ceased to be subject to the earnings management regime.
- If a interval ends beneath subsection in relation to the person, then, subject to the social security regulation, the parenting fee becomes payable to the person for that interval.
- If a person who’s receiving a social security cost to which this part applies is outside Australia, instalments of the fee are to be paid to the particular person at such occasions because the Secretary determines for the needs of this part.
- If, underneath paragraph or , the Secretary offers the Part 3B cost nominee or the first individual a stored value card, the primary individual’s earnings management account is debited by an amount equal to the financial worth stored on the card.
- If a period ends under subsection in relation to an individual, then, topic to the social security legislation, the participation cost becomes payable to the individual for that interval.
if the cost just isn’t cancelled during the first period, the fee is payable to the individual until the tip of the notification interval, and is then cancelled by pressure of this subsection. A dedication that’s taken, by virtue of subsection , to have been made is taken to have been made on the day on which the payment referred to in paragraph turned payable because of the operation of the pc program.
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that the cost referred to in paragraph is to cease to be payable to the particular person instantly earlier than the day on which the fee referred to in paragraph is to turn out to be payable to the particular person. give the Department an announcement about a matter that might have affected the fee to the particular person of the social security payment. the Department is contacted by or on behalf of the person in relation to a declare for youth allowance or jobseeker fee to be paid to the individual. instalments of age pension or disability assist pension are to be paid to the particular person in accordance with the willpower. An quantity paid to a person under subsection is taken to be an advance fee of the instalment or instalments, or of that part of the instalment or instalments, that relate to the times referred to in subsection . Subject to subsection , if the person is or was receiving austudy cost at the time of the making of the journey, fares allowance is to be paid to the particular person to whom instalments of the austudy cost are or were being paid beneath section forty four. If an quantity is paid to a person beneath subsection , the amount is taken, after the person’s launch from gaol or psychiatric confinement, to be a fee of crisis payment made in relation to the declare referred to in subsection .
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The days specified in the determination should happen inside the 12‑month period beginning when the particular person ceased to be subject to the revenue administration regime. through the 12‑month interval ending when the voluntary income administration settlement is to return into drive, there have been 4 occasions on which earlier voluntary income administration agreements relating to the person have been terminated beneath subsection 123UO. A person must not make a request underneath subsection in relation to a determination if, at any time through the previous period of ninety days, the particular person has made a request underneath that subsection in relation to the identical willpower. For the needs of this Part, a person is topic to the revenue administration regime at a selected time if, at the moment, a voluntary earnings administration agreement is in force in relation to the individual. the top of the interval of thirteen weeks beginning on the day that paragraph ceased to apply in relation to the individual. • Amounts shall be deducted from the person’s welfare payments and credited to the particular person’s revenue management account. Subject to section 123S and subsection , any act which may be accomplished by a profit recipient underneath, or for the purposes of, the social security law may be accomplished by the profit recipient’s correspondence nominee.
Subject to part forty five, instalments of an individual’s social security periodic cost are to be paid to that individual. if the steadiness isn’t lowered to nil underneath paragraph —the instalments of any other participation fee paid to the particular person . another provision of the social security law, or the Family Assistance Act, that’s decided by the Minister under subsection 42AR of this Act for the purposes of this paragraph.
The Secretary should not appoint a payment nominee for a person who is the holder of a concession card however just isn’t receiving a social security payment. Subject to part 123D, the Secretary might, in writing, appoint a person to be the correspondence nominee of another individual for the needs of the social security regulation. the person’s incapacity support pension is suspended from the day on which the pension ceased to be payable to the particular person. then, at the end of that interval , the willpower granting the person incapacity help pension is, by pressure of this subsection, revoked. then the particular person’s social security cost is taken to have been cancelled, by force of this subsection, on the day of the cessation. that part ninety three or ninety four is taken not to apply or to not have applied, because the case requires, to the particular person’s social security fee in relation to the cessation.