Periodic estimates of cost of enhanced income management regime
123SVA Periodic estimates of cost of enhanced income management regime
As soon as practicable after the end of each reporting period, the Minister must prepare a written estimate of the full cost to the Commonwealth (as at the end of the period) of the operation of the enhanced income management regime established by this Part.
The Minister must cause the estimate for a reporting period to be:
published on the Department’s website as soon as practicable after it is prepared; and
tabled in each House of the Parliament within 7 sitting days of that House after the estimate is published under paragraph (a).
In this section:
reporting period means the following:
the period of 6 months beginning on the day this section commences;
the period of 12 months beginning on the day after the end of the period mentioned in paragraph (a);
each subsequent 12‑month period.
This Act’s bill:Explanatory memorandumSecond reading speech
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