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COMMONWEALTHAct
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s 123XPD

Deductions from household stimulus payments

In force

123XPD Deductions from household stimulus payments

Scope

(1)

This section applies if:

(a)

a person is subject to the income management regime; and

(b)

a household stimulus payment is payable to the person.

Deductions from household stimulus payments

(2)

The following provisions have effect:

(a)

the Secretary must deduct from the household stimulus payment the deductible portion of the payment;

(b)

an amount equal to the deductible portion of the payment is credited to the Special Account;

(c)

an amount equal to the deductible portion of the payment is credited to the person's income management account.

(3)

For the purposes of subsection (2), the deductible portion of a household stimulus payment is 100% of the amount of the payment.

Veterans' Entitlements Act 1986

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