Automatic rate reduction—recipient not complying with subsection 68(2) notice
100 Automatic rate reduction—recipient not complying with subsection 68(2) notice
Subject to subsection (2), if:
a person who is receiving a social security payment is given a notice under subsection 68(2); and
the notice requires the person to inform the Department of the occurrence of an event or change of circumstances within a specified period (the notification period); and
the event or change of circumstances occurs; and
the person does not inform the Department of the occurrence of the event or change of circumstances within the notification period in accordance with the notice; and
because of the occurrence of the event or change of circumstances, the rate of the social security payment is to be reduced;
the social security payment becomes payable to the person at the reduced rate on the day on which the event or change of circumstances occurs.
If:
a person who is receiving a social security payment is given a notice under subsection 68(2); and
the notice requires the person to inform the Department of the occurrence of an event or change of circumstances within a specified period (the notification period); and
the event or change of circumstances occurs; and
the person does not inform the Department of the occurrence of the event or change of circumstances within the notification period in accordance with the notice; and
because of the event or change of circumstances, the person’s working credit balance or student income bank balance is reduced to nil in an instalment period of the person that is the same as, or later than, the instalment period in which the event or change of circumstances occurs; and
either because of the reduction of the balance to nil or because of the balance having already been reduced to nil—the rate of the person’s social security payment is to be reduced;
the social security payment becomes payable to the person at the reduced rate on:
if the rate reduction is attributable to the reduction of the balance to nil—the day on which the balance was so reduced; and
if the rate reduction is attributable to the balance having already been reduced to nil—the first day on which the opening balance was nil.
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