123WC
In forceClosing of income management accounts
Volume 1s 1-123ZO
Part 3BIncome management regime
Division 4Income management accounts
Subdivision AIncome management accounts
123WC Closing of income management accounts
The Secretary may close a person’s income management account if the balance of the income management account is nil, and:
(a)
the person is not subject to the income management regime; or
(b)
the person has died.
This Act’s bill:Explanatory memorandumSecond reading speech
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