123SU
In forceBasicsCard bank accounts
Volume 1s 1-123ZO
Part 3AAEnhanced income management regime
Division 5Other matters
123SU BasicsCard bank accounts
(1)
For the purposes of this Part, the Secretary may, by legislative instrument, determine a kind of bank account to be maintained by a person who is subject to the enhanced income management regime for the receipt of payments under this Part.
(2)
A legislative instrument determining a kind of bank account may also prescribe terms and conditions relating to the establishment, ongoing maintenance and closure of the bank account so determined.
This Act’s bill:Explanatory memorandumSecond reading speech
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